USD/CHF continues to gain ground for the second successive session, trading around 0.7950 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) gains amid diminishing likelihood of a Federal Reserve (Fed) interest rate cut in December. Traders are preparing for a wave of delayed United States (US) economic data after the government’s […]
The USD/CHF pair ticks down to near 0.7920 during the late Asian trading session on Friday. The Swiss Franc pair struggles to gain ground after revisiting an over three-week low of 0.7910 posted on Thursday. The pair is under pressure as the US Dollar (USD) underperforms even as traders have trimmed bets supporting an interest rate […]
07:30 AM BST, Switzerland – Inflation Data for October: Producer inflation data in Switzerland came in noticeably weaker than expected on MoM basis. Although the Swiss franc did not initially react much to the release, over the past hour there has been a significant pullback in the USDCHF pair. Source: xStation The material on this page does not constitute […]
The USD/CHF pair attracts buyers for the fifth consecutive day and climbs to its highest level since August 22 during the Asian session on Tuesday. The momentum lifts spot prices to the 0.8100 neighborhood and is sponsored by sustained US Dollar (USD) buying. The USD Index (DXY), which tracks the Greenback against a basket of currencies, […]
The USD/CHF pair demonstrates strength near an over two-week high around 0.8050 during Monday’s Asian session. The Swiss Franc pair trades firmly as the US Dollar (USD) holds onto gains due to receding speculation for further monetary policy easing by the Federal Reserve (Fed) this year. At the press time, the US Dollar Index (DXY), which tracks the […]
USD/CHF trades higher around 0.8000 on Thursday, up 0.20% for the day. The US Dollar (USD) finds support after the Federal Reserve (Fed) delivered a widely expected 25 basis-point rate cut to a range of 3.75%–4.00%, while signaling a slower pace of future easing. Fed Chair Jerome Powell emphasized that a further rate reduction in December is […]