Forex Update: March 16, 2011

March 16, 2011 GBP/USD EUR/USD USD/CHF USD/JPY AUD/USD USD/CAD Resistance (High) 1.6131 1.4001 0.9201 81.18 0.9963 0.9969 Support (Low) 1.5986 1.3899 0.9073 79.25 0.9765 0.9805
Currency Trend Meter EUR/USD - Today's Trend Trend meters are available in 7 other currency pairs.  View more trend meters. Signals Anywhere We watch the market 24 hours a day and alert you when it's time to trade. Questions? Contact Us United States: 1-800-525-1090 International: +1-949-542-3500	ForexSignal.com - Trade of The Day Forex Signal Blog  Try it for yourself. Try now. Follow us on: Affiliate Program
Today's Forex News SNB May Keep Benchmark Rate on Hold as Japan Aftermath Adds Franc Pressure March 16, 2011 (Bloomberg) -- The Swiss central bank may keep borrowing costs near zero to prevent the franc from appreciating further after Japan's earthquake pushed the currency to a record, clouding export prospects. The Swiss National Bank, led by Philipp Hildebrand, may keep its benchmark interest rate at 0.25 percent, according to all 20 economists in a Bloomberg News survey. The Zurich-based central bank will publish its decision at 9:30 a.m. tomorrow. Policy makers won't hold a briefing. The franc is appreciating as Japan's quake adds to investor concern that the global economic recovery may fade in the wake of Middle East unrest and Europe's fiscal crisis. While SNB Vice President Thomas Jordan said on March 3 the currency's strength is posing "a lot of problems," it is also helping counter inflation pressures by making imports... keep reading.
WHY FOREXSIGNAL.COM CAN HELP YOU? Forex traders agree that timing is everything. Getting into the market just as it is about to move often makes for the largest possible profits. Most traders find it difficult to get into the market at the right time and find it impossible to be at their computers 24 hours a day 5 days a week to monitor the market for activity. The ForexSignal.com signals, and the Forex tools found in the Forex Signal web platform, can help you become a better trader and alert you to trading possibilities.  Let us be your eyes to the forex market and alert you to possible trading opportunities as they occur.