Forex news. Despite the general decline of the rates of leading European shares during the week, they closed on September 23 with a minor increase. The reason for this was the expectation of some ECB measures in order to raise the Old World economy, which are expected to be taken starting with the next week.
The rates of leading Swiss, French, and English banks have demonstrated a positive growth. This also concerns the largest world-known manufacturer of sportswear and equipment – German company Adidas AG. “Blue chip” index has risen by almost 0.7%.
The rate of Swiss franc maintains within the medium-long-term trend at Forex market, as admitted by the experts of Masterforex-V Trading System . 0.9275 and 0.9398 will become the nearest significant levels of support. It is yet too early to speak about the trend reversal, for neither pivot MF at the point of 0.8646, nor sloping channel MF is broken (See the chart).
