19-02-2016 14:56 via liteforex.com

USD/CHF: economic expectations have dropped in February

Forex analytics: While the pair EUR/USD is rising due to EU summit, which is currently taking place, the pair USD/CHF is declining. The pair USD/CHF has invert correlation with the pair EUR/USD, which is close to 95%. Franc has been declining due to probability of sudden interventions and unexpected decisions by SNB; therefore if we apply the theory of invert correlation, decline in the pair EUR/USD will trigger ...
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