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Today's All Things Forex Broadcast: New CHF Record Highs vs. USD- Are there More to Come?

|Includes: SPDR Dow Jones Industrial Average ETF (DIA), EEA, GBB, GOLD, JYN, UDN, USD

In the broadcast today: New CHF Record Highs vs. USD- Are there More to Come? As market jitters continue on the uncertainty surrounding the U.S. debt ceiling debate, we focus on the CHF which is the main beneficiary of the debt problems in the U.S. and the EU, and explore the potential for further strengthening of the Swissy against the USD and the EUR, we analyze the renewed decline in the EUR/CHF currency pair, we note the new record high of the CHF vs. USD, we take a close look at the GBP/USD pair ahead of the U.K. GDP report tomorrow, we keep an eye on the EUR/USD currency pair, we highlight the market's reaction to Moody's new credit rating cut for Greece, the latest news on the U.S. debt ceiling and spending cuts proposals, the Australian Producers Price Index, and the U.K. Home Price Index, we discuss new forecasts from Bank of New York-Mellon and UBS, and prepare for the trading session ahead.

 

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