News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
EUR/USD
Mixed
Oil - US Crude
Bullish
Wall Street
Bullish
Gold
Mixed
GBP/USD
Mixed
USD/JPY
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
Real Time News
  • AUD/USD trades to a fresh yearly high (0.7946) as the US Dollar continues to weaken against the commodity bloc currencies. Get your $AUDUSD market update from @DavidJSong here:https://t.co/sFVlzjSduy https://t.co/B42fOBg1Wq
  • Fed Vice Chair Clarida: - Prospects have brightened and downside outlooks have diminished - Asset market pricing is consistent with the expectations for robust growth - Robust demand won't generate sustained inflationary pressures #Fed $USD
  • RT @bespokeinvest: "Move along, nothing to see here." https://t.co/S7pNcPgvsC
  • Canadian Dollar Price Forecast: USD/CAD, CAD/JPY, EUR/CAD https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2021/02/24/Canadian-Dollar-Price-Forecast-Loonie-USD-CAD-USDCAD-CAD-JPY-CADJPY-EUR-CAD-EURCAD.html
  • $NZDUSD is up over 60 pips today, currently trading above the 0.7400 level. The pair is now trading at its highest level since early 2018. $NZD $USD https://t.co/msjDKSmFvW
  • Fed Chair Powell: - Haven't yet seen the labor market scarring we were concerned about - Labor market has come back faster and bankruptcies have been lower than anticipated - Prospect to get back to a much better place in the second half of the year #Fed $USD
  • $AUDUSD has surged by over 40-pips over the last two hours, taking out the prior session highs. This move pushed the pair to a high of 0.7945, a new highest level since early 2018. $AUD $USD https://t.co/8iSZY4RHQC
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 89.49%, while traders in Wall Street are at opposite extremes with 75.93%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/Kvis4fAcuC
  • Heads Up:🇺🇸 Fed Clarida Speech due at 18:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-02-24
  • Fed Chair Powell: - The public and the world have confidence in the dollar #Fed $USD
Forex News: Swiss Retail Sales Rise Less Than Expected

Forex News: Swiss Retail Sales Rise Less Than Expected

Benjamin Spier, Technical Strategist

THE TAKEAWAY: Swiss retail sales rose 2.1% in November from November of the previous year, less than expected -> Franc continues to strengthen despite the disappointment

Swiss retail sales increased 2.9% (real) between November 2011 and 2012, thereby disappointing expectations for annual sales to rise 3.4%, but better than October’s 2.7% year over year rise in retail sales. Retail sales were 0.5% higher (real) on a monthly basis, according to the Swiss Statistics Office.

Sales of food, drinks, and tobacco were up 2.1% in November from November of the previous year. The non-food sector showed a growth of 2.4% over the same period of time.

Despite the lower than expected retail sales, the Swiss Franc continued to strengthen against the Euro in currency trading. The Franc rise may have been an unwinding of some of the recent gains seen in EURCHF. The pair may continue to see resistance at the 1.2400 line, and support may be provided by the previous high at 1.2183.

EURCHF DAILY: January 16, 2013

Swiss_Retail_Sales_Rise_Less_Than_Expected_body_eurchf.png, Forex News: Swiss Retail Sales Rise Less Than Expected

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES