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Thursday, June 21, 2012

Swiss franc should strengthen slightly against USD

ssi_usd-chf_body_Picture_9.png, Swiss Franc Expected to Strengthen Modestly versus USD
Crowds detail Trade Forex are effectively neutral dollar (ticker: USDOLLAR) against the Swiss Franc, giving little reason to expect large gatherings or weakness by the Exchange in the short term. Wider calls for the USD declines in the short term however leave the recent USDCHF trend intact.
Indeed, we see the scope of the weakness of the modest USDCHF at the end of the month, while seasonal trends indicate that July could be the beginning of a new trend.
How to interpret and exchange with the SSI? Watch a FXCM Expo presentation which explains the SSI.

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