Euro Versus Franc and Dollar December 16th

FX Strategy Video > Currency Pairs Analysis

EUR/CHF got slammed on Thursday as the trading world was disappointed by the SNB's failure to raise the "floor" in this pair. The bottom of the range is currently being tested, but 1.20 still keeps the bears in check overall.

EUR/USD finally had a fairly quiet session. The 1.30 level goes all the way down to 1.29 as support, and as a result, a bounce or sideways grind could be coming.

Published on 16th of December 2011
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