Forex | Forex Strategies | Directional momentum is tough to come by this week. Last shreds of EURUSD resistance still in place (27/08/2009 16:24:26)

Directional momentum is tough to come by this week. Last shreds of EURUSD resistance still in place

US jobless claims data is disappointing. SNB on the warpath - has USDCHF built a base for a solid rally now? MAJOR HEADLINES – PREVIOUS SESSION New Zealand Jul. Trade Balance out at -163M vs. -150M expected Australia Q2 Private Capital Expenditure out at +3.3% vs. -5.0% expected UK Aug. Nationwide House Prices rose +1.6% MoM vs. +0.5% expected Germany Sep. GfK rose to 3.7 vs. 3.6 expected and 3.4 in Aug. Sweden Jul. Unemployment Rate fell to 7.9% vs. 8.2% expected and 9.8% in Jun. Sweden Jul.


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