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      Forex: USD/CHF bounces after testing yesterday's low

      The USD/CHF is failing to steadily extend gains above 0.9100 and has been easing throughout the European morning. The market tested yesterday's lows of 0.9074 on SNB's Zurbrugg speaks. The pair is currently rising, at 0.9085.

      Ahead is FOMC Duke's speech and ISM non-manufacturing PMI in the US. EMU retail sales disappointed by falling further, from -1.9% (revised from -2.6%) to -3.4% in December (YoY), instead of improving to -1.1% as expected. On the month, sales contracted -0.8%, instead of the -0.3% consensus.

      UBS analysts are bearish on the USD/CHF: "Any upside in the near-term should be limited. Resistance
      is at 0.9162", wrote analyst Gareth Berry, pointing to support at 0.9002, breach of which would expose

      Forex: EUR/USD hovering over 1.3560

      The bloc currency has reverted initial losses after mixed data in the euro zone and improved risk-on mode on Tuesday, orbiting around 1.3560 as of writing...
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      Forex Flash: GBP/USD year-end target at 1.64 – Scotiabank

      The cross is back to session lows in the proximities of 1.5730 on Tuesday, retracing initial gains after climbing to the area around the key resistance at 1.5800, as risk aversion is reining in the markets...
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