Dollar Versus Loonie and Franc June 16th

FX Strategy Video > Currency Pairs Analysis

The USD/CAD pair continues to be held hostage by the oil markets. Want to know how to tell the right direction? Follow the CL contract on the NYMEX. The USD/CHF pair rose as traders piled into the USD. The CHF is still strong, and in fact is only losing to the Dollar at the moment. Because of this, there might be a selling opportunity in the near future.

Published on 15th of June 2011
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