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The CHF is the strongest and the GBP is the weakest as the NA session begins

The CHF is the strongest and the GBP is the weakest as the NA session and the new trading week in North America begins. The USD is mostly lower with modest gains vs the GBP. The AUDUSD is unchanged. The USDCHF is the biggest mover as flows into the CHF (safety?) dominate the price action. Technically, the USDCHF is moving away from its near converges 100/200 hour MAs and looks to test the low from last week and the prior week near 0.8900 area (see chart below). The market's response to the shor... Read More

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Posted: Jun 26 2023, 12:04

Author Name: forexlive

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