Forex Analysis

CHF Mid-day Analysis

The Swiss continues to slide on its charts with the next downside target on

We continue to suggest that traders sell rallies in the Yen of 30-40 points looking for

The Dollar up-trend continues in the wake of better than expected US payrolls and

Talk that Canadian growth will be reduced by sliding oil prices is given added

AUDUSD is marginally lower at 0.8288, EURUSD and USDJPY are basically flat to

US Treasuries took a beating and the curve bear-flattened, as US payrolls numbers were strong.

The pair closed in NY Friday at $1.5580 having recovered off a post US NFP low of $1.5568 into the close.

The pair opened at $1.2284 in Asia Monday having dealt a NY range of $1.2271 to

The pair started the week firmer at Y121.47 after an unexpected strong US employment data last Friday.

AUD saw further weakness Monday after trading to support from July2010 on

Near term momentum is negative and we expect a test of 0.7660 major support.

US non-farm payrolls were stronger than expected on Friday night.