Page 11 - Usdchf News Today

The USDCHF pair retests the broken trendline and sells off as the US labour market data disappoints. What’s next?

The USD/CHF experienced a quiet session on Wednesday near the 0.8990 area, seeing slight losses, with the trajectory of the pair being set by the US Dollar strengthening further.

The publication of the Swiss inflation rate took a bit of a back seat last week.

The USD/CHF finds some support at around the 0.9010 area, though it failed to print a green day on Thursday after market participants speculated the Federal Reserve isn’t raising rates again.

USD/CHF plummets in the mid-North American session on Friday after an employment report in the United States (US) could mark the end of the Federal Reserve (Fed) tightening cycle.

In Thursday’s session, the USD/CHF saw red, mainly driven by a broad USD weakness following the Federal Reserve’s (Fed) and Jerome Powell’s remarks on Wednesday.

The USD/CHF pair consolidates its recent gains after climbing to multi-week highs of 0.

The USDCHF pair rallies back to retest the broken trendline. What’s next?

The USD/CHF pair trades back and forth in a narrow range near the round-level resistance of 0.

The USD/CHF retreats some from daily highs reached at 0.9107, though it remains trading within the 0.