GBPJPY Retraces Lower After Hitting 16-year High

AUDUSD loses its gains above 0.6640 and falls into previous range area Short-term risk skewed to the downside; next support near 0.6570 US durable goods orders and more Fed speakers on the calendar Despite the exciting bull run to a four-month high of 0.6712 last week, AUDUSD could not sustain its gains above the 0.6640 threshold, […]

AUDUSD fails to fall below 0.6645 Price holds well above uptrend line RSI is flattening AUDUSD has been in a somewhat positive corrective mode during the week, earning back some losses from the December 28 high of 0.6870. Entering the 0.6700 area has been a struggle over the past few days, and there might be […]

The Swiss franc is lower on Thursday. Early in the North American session, USD/CHF is trading at 0.9050, up 0.24%. It has been a bumpy year for the Swiss franc, which is down 7.7% against the US dollar and is trading at its lowest level since November. Switzerland’s inflation rate eases to 1% Switzerland is […]