DOLLAR OF THE USA
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Course dollar has fallen to a historical minimum against the Swiss franc
Segodnjashny trading day was marked by a historical minimum on dollar/franc. From the very beginning of the European session the dollar has got to a wave of negative mood against the basic currencies, including against the Swiss franc that has been caused by the hearings which have extended in the market concerning possible extraordinary session FRS. During falling the dollar/franc has executed orders on the purchase, surrounding optsionnyj a barrier in the field of figure Chf1.1100 which as a result has been broken, and the pair has established new historical records (the previous was up to standard Chf1.1110, established on April, 19th, 1995). Thus, the market has prematurely executed forecast UBS that the dollar will fall to levels in the field of Chf1.1100 against the Swiss franc within two weeks. One Swiss trader says, that the market is still aimed at area Chf1.1000. At the moment pressure of bears is saved also pair dollar/franc bargains around Chf1.1089. Meanwhile, analysts from Commerzbank consider, that the dollar/franc will be restored within day as believe, that expectations of release of the report of session FOMC will give forces to the American currency. In case of continuation of falling the bank establishes the following support in zone Chf1.1000.
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