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Daily FX Wrap and Strategy

The NZD is 1.4% stronger this morning at 0.7830. In the aftermath of

Failure to close below the 21-DMA ($0.8139) despite recent flirtations resulted in

The SNB’s decision to unexpectedly abandon the EURCHF 1.20 floor is the core focus of markets;

A massive downside extension in the Euro was largely the result of the SNB

The rally on the Swiss charts almost looks like a bad data point but

Even higher levels of global uncertainty should continue to pull back money toward the Yen.

The dollar has been temporarily undermined by a surprise move by the SNB to

Like the Swiss, Pound and Yen, the Canadian is catching a relief rally or

The Pound is partially set to win temporarily by default as continental investors

Dovish mood among Polish rate setters strengthens …

CHF soars as the SNB scraps the exchange rate floor vs. EUR and

EUR/USD rebounded after moving below the support at 1.1754 yesterday.