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May 13, 2013
The G7 meeting over the weekend apparently “tolerates” the further depreciation of the Yen – TD Securities
The Yen has been seen at fresh four-year highs against the dollar overnight in the wake of broad based dollar weakness in higher highs and lows for the world’s commodity currency.
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May 13, 2013
Forex: USD/CHF trading negatively at 0.9564/67 after Swiss retail
The failed attempt by the USD/CHF to approach the 0.9600 level stalled Monday (0.9598), culminating in a downward movement that enveloped the pair since the overnight session. In these moments, the cross has now found itself entrenched in negative territory, trading at 0.9564/67 after the release of Swiss data and down -0.30% off its opening.
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