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Mar 14, 2013

Spain: Retail Sales (YoY) (Jan): -10.2% vs -10.7% (Dec)

Mar 14, 2013

Forex: USD/CHF rising towards last Friday's highs at 0.9550 area

The upside seen since February, after testing the 0.9100 mark, has gone as high as 0.9552 last Friday. This week's profit taking pulled the pair to 0.9430 low yesterday before the new up move that is currently underway. The USD/CHF is already at 0.9536 high.
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Mar 14, 2013

Forex Flash: EUR/USD aims at 1.2913, 1.2885/76 and 200-day MA at 1.2867 - Commerzbank

Commerzbank analysts see the EUR/USD on course for 1.2913, 1.2885/76 (the 55 week ma, 7th December low and 78.6% retracement), which is in close proximity to the 200 day ma at 1.2867 “and we suspect that we will see this zone hold the initial test.
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