Euro falls after Franc cap removed

Note: This section contains information in English only.
Source: WBP Online
On Thursday the Euro dropped to a new low against the US Dollar after the cap on Swiss Franc was removed by the SNB. The Euro declined 0.57% to $1.1714 against the Greenback, after hitting an unseen since 2003 low of $1.575. The US Dollar remains strong due to high expectations of interest rates rising, whereas a full scale QE is about to be revealed by the ECB next week. The overall currency trend remains bearish, taking into account the QE bets from the ECB.
Back to articles

Actual Topics

Thu, 15 Jan 2015 15:37:24 GMT

Oil slightly rises amid weak Dollar

In spite of OPEC forecasting weak demand for oil in 2015, as well as lower oil prices, oil has actually steadied as US Dollar dropped. As SNB lifted a three-year cap versus the Euro, the Swiss Franc elevated sharply, pushing down the Greenback and the Euro zone currency. Due to commodities being priced in US Dollars, black gold gained with

Thu, 15 Jan 2015 15:04:12 GMT

Natural gas prices rise amid weather forecast change

On Wednesday prices for natural gas in the US rose due to investor reaction on frigid weather shift. Gas futures for February hit a ten-day high, $3.118 per million British thermal units, compared to $2.943 on January 14. The temperatures in the US are likely to be not as warm as first expected, the new forecast showed, thus boosting demand

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.