Forex Analysis

CHF Mid-day Analysis

Like the Euro, slack Euro zone lending activity in November,

A significant range up move overnight hints at year end short covering in

The Dollar was able to forge another higher high overnight but into the US Tuesday trade,

A significant change is taking place in the Canadian economy as recent growth

News of a 13 month low in UK house price inflation should increase

The dollar held gains, trading near a two-year high versus the euro amid concern early elections in Greece risk

Euro-area money supply and bank lending data are published.

The pair closed in NY Monday at $1.5521 after rate had been pulled to an extended day’s low of

The pair started this morning’s session at $1.2152, just off yesterday’s $1.2143 session low and

A dull session for the AUD/USD this morning after it opened at $0.8132.

The JPY saw a modest recovery this mornign as Japanese markets mark the last trading day of 2014.

The most the bull camp can hope for is a temporary extension of sideways consolidation on the charts.