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Australia	7.25%
Canada	3.5%
EMU	4%
Japan	0.5%
Swiss	2.75%
England	5%
US	2.25%

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USDCHF rebounded from 1.0111 < Daily currency analysis - Jul 4 < Matthew Foster-Smith at Thomson IFR Markets < Marco Annunziata, economist at Unicredit < Canadian Ivey PMI increases well above expectations in June < Carole Laulhere, currency strategist at Societe Generale < Robert Minikin, senior FX Strategist at Standard Chartered < Geoffrey Yu, currency strategist at UBS < Richard Grace, senior currency strategist at Commonwealth Bank < Paul Milton, chief foreign-exchange dealer at Societe Generale <

Technicals

Forex Center > News > Technicals

EUR/USD - 1.5503 Daily Market Outlook - May 16

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16 May 2008 @ 03:48 am EST

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Despite euro's rebound after yesterday's selloff from 1.5547 to 1.5419, as long as said resistance holds, consolidation with downside bias remains for another fall and below 1.5396 would signal the rise from 1.5285 has indeed ended earlier at 1.5571 and extend weakness to 1.5365.

On the upside, above 1.5547 would risk re-test of aforesaid 1.5571 level but break there is needed for further gain to 1.5600/10...

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