Archive for August, 2011
USD/SGD Prepares For Breakout Under 1.1988
USD/SGD perpares to continue its 2 year descent
Swiss Franc Bid Higher as Economic Minister Discredits SNB
Surprisingly, considering recent price action, the Swiss Franc was the strongest performing currency by a wide margin on Wednesday.
Forex: Canadian Dollar Weakness Ahead, US Dollar Remains At Risk
The Canadian dollar pared the overnight advance as the 2Q GDP report came in much weaker than expected, and the loonie may depreciate further as data dampens the outlook for future growth.
