Weekly Currency Strength – 11/12/2011

Hello Traders,

Just a quick update on my views of currency strength and weakness for the week beginning 11th Dec 2011

Weekly Strength

1. JPY

2. AUD

3. CHF

4. USD

5. GBP

6. EUR

No real surprises there. JPY still the strongest and EUR the weakest.  AUD has gained in strength and CHF continues to weaken relative to the other major currencies

Taking a look at the daily strength:

1. AUD

2. USD

3. JPY

4.GBP

5.EUR

6. CHF

We can see that AUD strength coming through the daily chart along with USD strength (not a real surprise with such levels of volatility & fear within the markets). I’ll do a video snapshot of the Aussie Dollar tomorrow.

I hope you’re all enjoying your trading during this eventful period!

Trade well,

FXTraderPaul