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Mar 8, 2013
Forex: GBP/USD retraces post-BoE spike
The bearishness surrounding the sterling is ruling again on Friday, dragging the cross to levels sub 1.5000 and retracing the whole move up after the BoE left intact its monetary policy on Thursday...
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Mar 8, 2013
Forex: USD/CHF bounces to 0.9450 during Asian session
Yesterday's drop from just below 0.9500 found support at 0.9410 and, overnight, the USD/CHF bounced to 0.9450 (+0.22%) surrounding area, where it trades at the moment. Ahead is Switzerland CPI in February, due at 08:15 GMT. Analysts expect the same pace of -0.3% on both monthly and yearly data.
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