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USDCHF: Is the Sun is Rising for Bullish Traders?
Markets are off to a relatively slow start this week, with most major currencies treading water as traders continue to digest Friday’s solid-but-not-spectacular NFP report, though there has been a bit of volatility in Asian currencies around China’s decision to cut interest rates for the third time in six months. Volatility should pick up as the week moves along though, with Wednesday’s US Retail Sales report as the primary highlight for dollar traders. Speaking of the dollar, USDCHF has seen a major reversal over the last three days. After falling to a low of .9065 on Thursday, the pair saw a fierce rally to ... (full story)
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- May 11, 2015 1:19pm May 11, 2015 1:19pm
- peacourt
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- SickOfScam
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perhaps my English is not perfect - but I know the Jungle