Dollar Versus Franc and Yen June 8th

FX Strategy Video > Currency Pairs Analysis

The USD/CHF continues to look weak, even with a slight rise in value on Tuesday. The market sold off in the late hours of NY trading, and it appears that the pair will struggle on any rally. The USD/JPY pair looks weak. However, the 80 level that we are hovering around at the present time looks important, and the central banks are sitting below. This pair is going to be explosive soon - but until then it will be hard to trade.

Published on 7th of June 2011
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