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Apr 16, 2013
Forex: USD/CHF above 0.9300
The USD/CHF printed its higher mark of the day at 0.9320 during the Asian session and has been giving in to the downside since, breaching below the 0.9300 handle and finding its low at 0.9290. Still, the pair is not far from where it closed yesterday, around the psychological level, and is attempting to move higher.
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Apr 16, 2013
Forex Flash: Is the fall of gold affecting FX markets? – UBS
The sharp moves in gold markets in the last few trading sessions are starting to spill over into FX. The market is presently at a loss over the exact drivers, but more important at whether the move matters for other positions, which may or may not share a close price correlation with the yellow metal.
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