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USD/CHF rally stalls, technicals signal fading bullish momentum CPI data Wednesday and Bessent's Senate hearing Thursday could drive yields and USD A break below uptrend support targets .9020 as...
USD/CHF has been in a strong uptrend since September 2024, largely mirroring the US Dollar Index (DXY). A potential double top pattern is forming around the 0.9137 resistance level. Key support...
The Swiss franc is higher for a third straight trading day. In the European session, USD/CHF is currently trading at 0.9038, down 0.09% on the day. Soft CPI Cements SNB Rate Cut Switzerland’s...
US Dollar holds firm during thin holiday trading as yields creep up. But eases against yen as BoJ January hike in play. Stocks mixed in last few trading days of 2024. No End in Sight to Dollar’s...
USD/CHF remains in bullish bias. USD/CHF is in a strong upside tendency. RSI suggest overstretched market. USD/CHF has added more than 7% since the end of September, sending the price to a new...
Mixed US PPI adds to uncertainty about Fed rate cuts. Lingering inflation concerns and rising yields push the dollar higher. Pound slips too as UK GDP contracts for second straight month. Fed...
So the Swiss National Bank cut its base deposit rate by 50 basis points today, from 1.00% to 0.50%, surprising the markets, which had expected a 0.25% cut. The accompanying statement from the Central...
The USD/CHF has edged upwards on Tuesday. In the European session, USD/CHF is trading at 0.8846, down 0.21% on the day. Is Switzerland facing deflation? Swiss CPI declined by 0.1% m/m in November,...
This will be a full week of trading with significant market-moving economic data on the agenda. It begins Monday with the ISM Manufacturing report and concludes Friday with the Jobs report. However,...
The escalation in the Russia-Ukraine conflict had only a short-lived impact on FX, and safe-haven demand has rapidly faded. The balance of risks is shifting more to the upside for the US dollar, also...
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