Caution Holding Euro, USD, and Yen Positions as Borrowing Costs Rise
The end of the calendar year threatens to force a liquidity crunch in US Dollar markets, and traders should note risks of elevated financing costs in major FX pairs.
AUD/USD Exhaustion Trade- Shorts at Risk Above 8064
The sell-off is approaching a key technical support region with shorts at risk above 8064-8120. Here are the updated targets & invalidation levels heading into 2015.
USD/CHF Threatens Long-Term Bearish Trend on Negative SNB Rate
USD/CHF may extend the advance from earlier this year and break out of the bearish trend dating back to 2003 amid the deviation in the policy outlook.
Dollar Rally Post-FOMC Bolstered by Surprise SNB Action
Market participants would be wise not to dismiss the possibility of a Fed rate hike in June 2015.
Swiss Franc Sinks as SNB Surprises with Negative Interest Rates
The Swiss Franc tumbled against the major currencies after the Swiss National Bank unexpectedly dropped interest rates into negative territory.