United Kingdom Jobless Claims increase by 75K in Nov; 3.3% (Forex)
United Kingdom Jobless Claims increase by 75K in Nov; 3.3% of the workforce
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British Pound Plunges to Record Low Versus Euro, Swiss Franc
The British pound took a beating yet again on Thursday as the currency fell 3.5 percent against the US dollar and dropped over 2 percent versus the Swiss…
strategist@dailyfx.com (Terri Belkas, Currency Strategist)
German IFO – Business Climate decreases to 82.6 in Dec vs 85.8 in Nov
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United Kingdom M4 Money Supply rose 1.2% in Nov; 16.3% up year on year
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USD/CHF Mid-Day Outlook
USD/CHF’s strong rebound from 1.0410 is still in progress. At this point, intraday bias remains on the upside as long as 1.0743 minor support holds. As discussed before, with an intraday low at least in place at 1.0410, further rally should be seen towards 1.1246 resistance. Though, note that as…
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