The Swiss Franc pared the previous day’s decline and is the best performing currency against the greenback on Wednesday, while the Australian dollar retraced the advance from earlier this week and slipped back below the 200-Day SMA (0.8963) to a fresh weekly low of 0.8910.
The Swiss Franc pared the previous day’s decline and is the best performing currency against the greenback on Wednesday, while the Australian dollar retraced the advance from earlier this week and slipped back below the 200-Day SMA (0.8963) to a fresh weekly low of 0.8910.
A combination of mixed data out of the US on Tuesday, highlighted by softer consumer confidence, and a relatively flat equity close, could now be warning of a potential reversal in the broader market in Wednesday trade.
A combination of mixed data out of the US on Tuesday, highlighted by softer consumer confidence, and a relatively flat equity close, could now be warning of a potential reversal in the broader market in Wednesday trade.