Euro Versus Dollar and Franc April 18th

FX Strategy Video > Currency Pairs Analysis

EUR/USD had a back and forth session on Tuesday, only to end up where it started basically. This is telling as we saw a massive "risk on" rally around the world in the various stock markets, and as a result we are very unimpressed with the Euro and its lack of follow through on the session.

The EUR/CHF continues to taunt the Swiss National Bank at the 1.20 level. This standoff will have to come to some kind of conclusion before too long.....

Published on 17th of April 2012
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