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US Data Mixed, Currencies Stick to Ranges, Except Franc

Discussion in 'Fundamental Analysis' started by ActionForex.com, Dec 25, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The Swiss Franc continued its gains against its main rivals, and had a strong move vs. the Pound today in otherwise light trading. The Pound-Franc pair broke below support at 1.60, in a downmove that spanned 270 pips. The Pound is being pressured by interest rate expectations while the Franc...

    complete article here...

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