I think USD/CAD downtrend movement is over. Trend reversal is starting.

USD/CAD

I think a single deal cannot be a factor for a long term CAD strenghtening. It could cause one strong movement but not a long trend.

EUR/CAD

staffpro1, do you want to say that we should no longer expect positive Canadian dollar correlation with oil in the future?

USD/CAD

Current situation looks strange for me: oil plunged to the lowest level since November 15 while Canadian climbed to the highest level since October 19. Can anybody explain this unusual market movements?

USD/CAD

It's a little bit strange and unusual movement of USD/CAD is observed today as oil plunged dramatically, though CAD was strenghtening at the same time.

USD/CAD

0,9800. — I would feel comfortably with long USD/CAD if it reaches 0,9800, it should be strong support level.

USD/CAD

EUR/CHF is becoming similar to EUR/DKK, very small movements to any side.

EUR/CHF

I remember situation with USD/HKD maybe four years ago. Although central bank of HK stated that they will keep floor of 7,7500, many traders believed that it will be broken soon by strong market forces. However, they were wrong, floor was not ...

EUR/CHF

If a central bank wants to keep limits for currency movements it can do so succesfully. You can see DKK versus EUR or HKD vs USD, for both cases upper and lower bounds are defended well. Everything depends on CB.

EUR/CHF

Anyway, SNB can issue unlimited amount of francs, so even 9 billion euros is not a threat for them to keep EUR/CHF rate above 1,2000. You dont need to worry about it. Moreover, so high demand for Swiss francs allows SNB to obtain more foreign ...

EUR/CHF

franc and yen — The difference between JPY and CHF is that CHF is more dependent on a single currency -- euro. While for the JPY you should look not only to its rate against USD but also EUR and others. Moreover, Switzerland is a small country ...

EUR/CHF