Swiss Franc Bid Higher as Economic Minister Discredits SNB

Surprisingly, considering recent price action, the Swiss Franc was the strongest performing currency by a wide margin on Wednesday.

Forex: Canadian Dollar Weakness Ahead, US Dollar Remains At Risk

The Canadian dollar pared the overnight advance as the 2Q GDP report came in much weaker than expected, and the loonie may depreciate further as data dampens the outlook for future growth.

Crude Oil, Gold Look to Take Cues from US ADP Data and Lockhart

Crude oil and gold prices are looking toward US ADP employment figures as well as comments from the Fed’s Dennis Lockhart as stimulus speculation returns.

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