Overnight in the Asia trading session, the US Dollar took heavy hit with USD/CHF sliding down to .9215 and EUR/USD regaining the 1.1600 level to the upside.   Australian employment data came in with -137,500 jobs lost, which was actually…

Overnight in Asia trading, the Australian Westpac Consumer Confidence Index came in worse than expected at 104.6. (Expectation: 106.2). AUD/USD had a brief slide down to it's curent trading level of .7344.   EUR/USD has been stuck in a tight…

Overnight in Asia trading, the Australian Westpac Consumer Confidence Index came in worse than expected at 104.6. (Expectation: 106.2). AUD/USD had a brief slide down to it's curent trading level of .7344.   EUR/USD has been stuck in a tight…

Overnight in Asia trading, USDJPY took a breather from its recent surge. After reaching as high as 113.40 yesterday, USD/JPY retreated to 113.10 heading into the London session. A further retracement downward would look to be necessary for the pair…