OctaFX | OctaFX Forex Broker
登录
开通账户
Back

Forex: USD/CHF hits 9-month low ahead of NFP

The dollar extended losses versus the franc on Friday, as it did versus the euro, and fell to its lowest in 9 months ahead of the so-awaited US jobs report.

USD/CHF lost over 70 pips throughout the day and bottomed out at 0.9028, last seen April 2012, before finding support and bouncing slightly. At time of writing, USD/CHF is trading at the 0.9045 area, 0.6% below its opening price.

"Now that the 0.9080 support has broken a further dip towards 0.9000 and 0.8930 is likely to be seen in the coming days", says the Kshitij Consultancy Services Team. "On the upside now 0.9080-0.9100 become important resistances which can now restrict a rise beyond it. The weekly and the monthly charts now look quite bearish and a further fall looks to be coming".

Forex Flash: USD/CAD correction complete, aiming at 1.02/1.03 – TD Securities

The USD/CAD is getting ready for the US NFP data: "Modestly softer US numbers (there are no Canadian releases) should be mildly CAD-negative and encourage a further recovery in USD/CAD back above parity", wrote analysts Shaun Osborne and Greg Moore, pointing also to more CAD correlation to WTI (slightly lower) and Canada-US short-term rate spreads (a little firmer in the CAD’s favor) instead of the usual risk assets (stocks, EZ sovereign spreads).
了解更多 Previous

Forex Flash: NFP at 150K would benefit the EUR – Danske Bank

The single currency continues its march north on Friday, climbing to levels shy of 1.3680 during the European morning although retracing some ground afterwards...
了解更多 Next
开始在线聊天