Sterling & Swiss stronger against Dollar : But not Commodity Currencies
Dollar trading weaker against all major currencies after the weaker housing market data.
EUR/USD - Currently trading at 1.2833 after making the high of 1.2845 from the low of 1.2765
thats a gain about 85 pips.
USD/JPY - Currently trading at 117.70 after making the low of 117.50 from the high of 118.45
thats about 95 pips weaker for dollar.
GBP/USD - Sterling is the most strong against the Dollar, Sterling gained about 120 pips from
the low of 1.8850 to the high of 1.8970 and now trading at 1.8944. Right now or
next we need to see wheather the cables will cross the 1.9000 levels.
USD/CHF - In this week the Swiss Franc calender was nill nothing this weak. But now Swiss
Franc gained 110 pips against the dollar from the high of 1.2537 to the low of
1.2420, currently trading at 1.2440.
USD/CAD - Dollar was weaker against all major currency but not that much of weakness in
Canadian Dollar, a weakness of just 40 pips. After releasing the weaker housing
data this pair fell from the high of 1.1475 to 1.1425. Theres not much of Dollar
weakness. The anothe rstrong reason is the weakness of Crude Oil so therez
nothing to expect from this pair. Both are weak.
NZD/USD - Another weaker commodity currency and a partial gain of 30 pips against the
Dollar. Gold is also trading weaker.
AUD/USD - Another commodity currency and gained a partial gain of 40 pips against the
Dollar. Currently trading at 0.7684, gained the initative from the low of 0.7640.
EUR/USD - Currently trading at 1.2833 after making the high of 1.2845 from the low of 1.2765
thats a gain about 85 pips.
USD/JPY - Currently trading at 117.70 after making the low of 117.50 from the high of 118.45
thats about 95 pips weaker for dollar.
GBP/USD - Sterling is the most strong against the Dollar, Sterling gained about 120 pips from
the low of 1.8850 to the high of 1.8970 and now trading at 1.8944. Right now or
next we need to see wheather the cables will cross the 1.9000 levels.
USD/CHF - In this week the Swiss Franc calender was nill nothing this weak. But now Swiss
Franc gained 110 pips against the dollar from the high of 1.2537 to the low of
1.2420, currently trading at 1.2440.
USD/CAD - Dollar was weaker against all major currency but not that much of weakness in
Canadian Dollar, a weakness of just 40 pips. After releasing the weaker housing
data this pair fell from the high of 1.1475 to 1.1425. Theres not much of Dollar
weakness. The anothe rstrong reason is the weakness of Crude Oil so therez
nothing to expect from this pair. Both are weak.
NZD/USD - Another weaker commodity currency and a partial gain of 30 pips against the
Dollar. Gold is also trading weaker.
AUD/USD - Another commodity currency and gained a partial gain of 40 pips against the
Dollar. Currently trading at 0.7684, gained the initative from the low of 0.7640.
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