Coming week does not bring as many important fundamental developments as past few days did, and those on the calendar are of somewhat smaller caliber. No policy meetings by central banks and no key unemployment numbers. However, we will have few important inflation data, including the PPI from Germany and the CPI from Canada. In [...]

Ever so slowly, the EUR-AUD is in the process of building a bottom pattern on its daily chart. After making an all time low at 1.2131, the price formed what appeared to be small rounded bottom, followed by a fast move to 1.2616. With more price history since, now a possible Cup with Handle formation [...]

The Swiss National Bank holds policy meeting tomorrow, coming under new pressure to weaken domestic currency. Today, in a special session of the Swiss Parliament, many lawmakers urged the bank to take additional steps to combat Franc’s recent revival. While the currency is nowhere near the levels from summer last year, some politicians expressed desire [...]