Forex - USD/CHF hits 2-month high in cautious trade 6 -11
Hello and welcome in a blog breaking news Alfrux
Breaking news Forex currency market, forex market GMT. Forex traders
Urgent and exclusive news about the trade and the latest news currency and
currency rates, explanations profit of Alfrux, SEC
Breaking forex news
Forexpros - The U.S. dollar edged up to a two-month high against the Swiss franc on Tuesday, as investors anticipated the outcome of the U.S. presidential election, while uncertainty over a Greek parliamentary vote on austerity measures weighed on market sentiment.
USD/CHF hit 0.9456 during European morning trade, the pair’s highest since September 11; the pair subsequently consolidated at 0.9449, rising 0.16%.
The pair was likely to find support at 0.9398, Monday’s low and resistance at 0.9482, the high of September 10.
Market participants remained cautious ahead of the start of voting in the U.S. presidential elections later in the day, with opinion polls pointing to a tight race between incumbent President Barack Obama and Republican contender Mitt Romney.
Investors were also eyeing Wednesday’s parliamentary vote in Greece on new austerity measures needed in order for Athens to secure its next installment of international aid.
The Swiss franc was little changed after Switzerland’s State Secretariat for Economic Affairs said its consumer confidence index remained unchanged at minus 17 points in the three months to October from the preceding three-months. Economists had forecast a reading of minus 21.
The Swissy was fractionally higher against the euro, with EUR/CHF dipping 0.02% to 1.2069.
Later in the day, Germany was to produce official data on factory orders.
Hello and welcome in a blog breaking news Alfrux
Breaking news Forex currency market, forex market GMT. Forex traders
Urgent and exclusive news about the trade and the latest news currency and
currency rates, explanations profit of Alfrux, SEC
Breaking forex news
Forexpros - The U.S. dollar edged up to a two-month high against the Swiss franc on Tuesday, as investors anticipated the outcome of the U.S. presidential election, while uncertainty over a Greek parliamentary vote on austerity measures weighed on market sentiment.
USD/CHF hit 0.9456 during European morning trade, the pair’s highest since September 11; the pair subsequently consolidated at 0.9449, rising 0.16%.
The pair was likely to find support at 0.9398, Monday’s low and resistance at 0.9482, the high of September 10.
Market participants remained cautious ahead of the start of voting in the U.S. presidential elections later in the day, with opinion polls pointing to a tight race between incumbent President Barack Obama and Republican contender Mitt Romney.
Investors were also eyeing Wednesday’s parliamentary vote in Greece on new austerity measures needed in order for Athens to secure its next installment of international aid.
The Swiss franc was little changed after Switzerland’s State Secretariat for Economic Affairs said its consumer confidence index remained unchanged at minus 17 points in the three months to October from the preceding three-months. Economists had forecast a reading of minus 21.
The Swissy was fractionally higher against the euro, with EUR/CHF dipping 0.02% to 1.2069.
Later in the day, Germany was to produce official data on factory orders.
0 comments:
Post a Comment