USD/CHF clears overhead resistance

The USD/CHF 200 SMA, immediate resistance on 4-hour chart, was cleared in recent trading.Quoting below this dynamic hurdle for multilple sessions, USD/CHF is now targeting the 800-SMA on the upside.

Oct 21, 2015

US government approaching shutdown - Westpac

Richard Franulovich, Research Analyst at Westpac, suggests that a short term continuing resolution to fund US government operations expires 11 Dec and absent a deal, non-critical employees and functions will be furloughed.

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Oct 21, 2015

CAD: BoC likely to stay on hold - TDS

Prashant Newnaha, Rates Strategist at TD Securities, suggests that the upcoming Bank of Canada meet will be accompanied by a new Monetary Policy Report (MPR) and he expects the banks to stay put with no change in the communication.

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