Quick Look: USD/CHF climbed 0.15% to 0.8830 after two sessions of losses. June PCE Price Index dipped to 2.5% YoY; core PCE rose to 2.6% YoY. Mild disinflation and economic growth suggest a steady Fed policy. USD/CHF below key SMAs; continues a four-week losing streak. In Friday’s trading session, the USD/CHF currency pair finally saw …
Quick Look USD/CHF Surge: The currency pair rose from 0.8833 to 0.8911 after the SNB rate cut. SNB Rate Cut: The Swiss National Bank reduced rates from 1.50% to 1.25%, weakening the Swiss Franc. US Economic Data: Higher jobless claims and poor housing data may lead to US rate cuts in 2024. Technical Analysis: USD/CHF …
Quick Look: USD/CHF rises to 0.8955, influenced by the Fed’s cautious outlook and Swiss economic data. The Fed signals only one potential rate cut this year, shifting from three cuts previously projected. Swiss producer inflation dropped by 0.3% MoM, raising expectations for SNB rate cuts. The USD/CHF pair has climbed to 0.8955, reflecting market reactions …
USD/CHF Rises to 0.8955 as Fed Adjusts Rate-Cut Outlook Read More »
Quick Look: USD/CHF broke a significant trendline from 2022 highs, indicating the potential for higher prices within a bullish triangular range. Currently experiencing an A-B-C corrective decline, testing support at 0.8900; bullish resumption needs a rise above 0.9000. From the 0.8332 bottom, corrective pattern against the downtrend from the 2022 high; a break above 0.9243 …
Quick Look: Current Performance: USD/CHF trades at 0.9000, its lowest since late March. Technical Indicators: Shows a bearish trend, forming an evening star pattern and falling below the 50-day moving average. Market Expectations: Possible Fed rate cuts by September; Swiss CPI data pivotal for SNB’s interest rate decisions. The Swiss Franc to USD pair has …
Swiss Franc Dips to 0.9000: Performance and Predictions Read More »
Quick Look: USD/CHF at 0.9150, supported by hawkish Fed signals and strong US economic data. The market anticipates Fed rate cuts starting in September, with a 53% chance noted. Durable goods orders were up by 0.7% in April, Consumer Sentiment Index rose to 69.1 in May. The USD/CHF currency pair is currently trading at 0.9150. …
USD/CHF at 0.9150 Amid Fed Signals and Middle East Risks Read More »
Quick Look: USD/CHF fell below its ascending channel, raising concerns about the uptrend’s sustainability. The pair dropped to 0.8988 on May 16 but rebounded to 0.9117, reflecting high volatility. A break below 0.8988 could target 0.8878, while recovery above the channel suggests a potential for 0.9225. The USD/CHF currency pair has demonstrated a consistent bullish …
USD/CHF Breaches Channel: Low at 0.8988, High at 0.9117 Read More »
Quick Look: USD faces losses against CHF, influenced by lower US yields and dismissive response to PPI data. Switzerland’s economic indicators show mixed results; slight improvement in Producer and Import Prices. US CPI report and Swiss Industrial Production data could impact future USD/CHF movements. The US dollar (USD) has faced successive losses against the Swiss …
USD/CHF Drops to 0.9060 Amid Dismissed April PPI of 0.5% Read More »
Quick Look: USD/CHF at pivot 0.9060: Shows neutral intraday bias, bullish if above 0.9014. Economic Indicators: The US Dollar is robust; Swiss unemployment is stable at 2.3%. Market Outlook: Short-term optimism; critical watch on 0.9243 for medium-term trends. Today, the USD/CHF pair has been observed at a pi point of 0.9060. Thereby exhibits a neutral …
Quick Look: USD/CHF stabilises with key support and resistance levels noted; potential for a bullish trend on breaking 0.9243. US Fed is likely to maintain rates; Swiss National Bank cut rates, with more cuts expected. The US shows mixed signals with stable PMIs; the Swiss economy weakens with low inflation and retail sales. The USD/CHF …
USD/CHF Climbs to 0.9150 on US-Swiss Policy Shifts Read More »
Quick Look: USD/CHF technical levels support at 0.9075, with key resistance at 0.9243 marked by SMA hurdles. Surpassed several technical barriers since early 2024, signalling a robust reversal pattern. Influenced by events like Israel’s drone attack on Iran and upcoming US economic data releases. The USD/CHF pair has captured the attention of investors as it …
Economic and Geopolitical Dynamics Drive USD/CHF Shifts Read More »
Quick Look: USD to CHF consolidating near 0.9105 with a neutral bias; key resistance at 0.9152. The first potential target is 0.9173; further rise may test 0.9240. Impact of Fed’s monetary policy and Middle East tensions on currency values. The USD to CHF pair remains on a steady ascent within its ascending channel on the …
Quick Look: USD/CHF holds steady at 0.9150, with support at 0.8996. US dollar buoyed by geopolitical tensions and firm bond yields. Swiss National Bank may cut rates due to low inflation. Technical analysis suggests a possible bullish reversal above 0.9243. Short-term range between 0.9070 support and 0.9220 resistance. The USD/CHF pair exhibits a neutral intraday …
USD/CHF Neutral at 0.9150 Amid Market Uncertainties Read More »
Quick Look: USD/CHF fell by 0.32%, breaking below the 0.9100 support. Despite a recent dip, the pair remains up 9.316% from the 52-week low. Key resistance points were identified at 0.9100 and 0.9147. Stochastic oscillator signals USD/CHF as ‘oversold’. Market eyes potential rebound amid upcoming U.S. CPI data. In recent trading sessions, the USD/CHF pair …
Quick Look: Neutral intraday bias for USD/CHF, with key support at 0.8964. Eyes on resistance levels at 0.9070 and 0.9243 for potential bullish signals. Economic indicators and central bank moves are closely watched for future direction. Market sentiment is cautiously optimistic, with potential rate cuts on the horizon. The USD/CHF currency pair presented a neutral …
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