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This is a hand off situation. On April 5, 2012 the euro dropped below the 1.20 floor set by the SNB and rumors are that the SNB stepped in to support the currency. If the SNB is making moves, one first has to find out what they are doing. There has been no supporting data from Switzerland this week and the euro continues to decline against its trading partners. The USD has shown strength as investors come to the safety of the greenback as Spain continues to be bothersome and Chinese numbers disturbed the markets.

There are plenty of indications that the efforts by the United States and other countries to isolate Iran economically are gaining momentum and having an impact.

The world of Forex trading is a world where a lot of money changes hands, which makes sense seeing as it is a market of currency trading. To make sure that things don't get out of hand, the Forex market has a lot of very strict regulations and policies that keep traders and financial bodies in check

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