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22 Aug 2014

USD/CHF testing 2014 highs

FXStreet (Córdoba) - The USD/CHF gained momentum after Janet Yellen’s speech in Jackson Hole and rose from 0.9115 to 0.9153, reaching the highest price since January 21, just a two pips below 2014 highs.

Currently trades at 0.9142 as the US dollar eases across the board, up 0.32% for the day, erasing yesterday’s losses. Earlier dropped to 0.9101 (daily low) but then rebounded.

USD/CHF best week in months

Greenback is having the best week since January against the Swiss Franc and if it ends above 0.9115 it would post the highest weekly close since November 2013.
Aug 22, 2014

Fed Yellen offers no surprises at Jackson Hole

Fed Chairwoman Janet Yellen added nothing really new at her long-awaited Jackson Hole speech today, as she sounded "balanced" and "non-committal".
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Aug 22, 2014

GBP - at the mercy of the BoE? - Rabobank

Analysts at Rabobank noted that the publication of the minutes of the Bank of England’s August MPC meeting confirmed that two members of the nine person committee voted in favour of a rate hike this month.
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