Page 76 - Usdchf News Today

4/30/2021 10:08:11 AM GMT | By Eren Sengezer Swiss National Bank (SNB) Chairman Thomas Jordan reiterated on Friday that negative interest rates in the current situation, as well as readiness to intervene in forex markets, remain essential, as reported by Reuters. Additional takeaways "Monetary policy is in the interest of all the country not for particular sections, current policy necessary." "Swiss franc has weakened but remains highly valued." "Cryptoc...

4/29/2021 5:58:37 AM GMT | By Anil Panchal Weekly print of one-month risk reversal of USD/CHF, a gauge of calls to puts, rise the most since the week ending on January 08, also reversing the previous week’s negative print, by the press time of early Thursday. This goes against the USD/CHF downtrend that recently teased March lows during the third consecutive day of declines. Risk reversals flash the +0.387 level, favoring USD/CHF bulls by the press time...

; USD/CHF: Break or rebound from key support at 0.9116/9087 to mark a tipping point – Credit SuisseNEWS | 4/26/2021 9:08:06 AM GMT | By FXStreet Insights Team USD/CHF has pushed towards the bottom of its near term range and towards key support at 0.9116/9087, which includes the 200-day average. Economists at Credit Suisse are watching carefully for signs of a floor above the mentioned area, with a move above 0.9196/9200 confirming it. USD/CHF is now ap...

4/26/2021 1:59:27 PM GMT | By Haresh Menghani USD/CHF gained some positive traction on Monday and was supported by a combination of factors. Fading safe-haven demand weighed on the CHF and remained supportive amid a modest USD bounce. The USD/CHF pair edged higher through the early North American session and refreshed daily tops, around the 0.9155-60 region in the last hour. A combination of factors assisted the pair to stage a modest bounce from the 0.91...

4/23/2021 1:36:27 PM GMT | By Haresh Menghani USD/CHF edged lower for the second straight day amid some heavy USD selling bias. Reduced Fed rate hike bets, sliding US bond yields continued weighing on the buck. Fresh COVID-19 jitters benefitted the safe-haven CHF and added to the weaker tone. The USD/CHF pair maintained its offered tone through the mid-European session and was last seen hovering near three-day lows, around mid-0.9100s. The pair added to t...

4/19/2021 10:22:58 AM GMT | By Haresh Menghani USD/CHF prolonged its recent downward trajectory on Monday amid sustained USD selling bias. Reduced Fed rate hike bets, the recent decline in the US bond yields weighed heavily on the USD. A softer risk tone benefitted the safe-haven CHF and further contributed to the ongoing downfall. The USD/CHF pair continued losing ground through the first half of the European session and tumbled to seven-week lows, aroun...

4/16/2021 2:30:39 PM GMT | By Eren Sengezer The Swiss National Bank (SNB) said on Friday that it acknowledges the US Treasury report and noted that it is no longer described as a currency manipulator, per Reuters. Additional takeaways "Currency interventions not aimed at impacting the balance of payments or giving the country an unfair competitive advantage." "Currency interventions necessary to ensure price stability, appropriate monetary conditions." "M...

4/16/2021 9:53:21 AM GMT | By Haresh Menghani USD/CHF came under some renewed selling pressure on Friday and refreshed multi-week lows. The USD struggled to capitalize on its intraday gains despite a strong pickup in the US bond yields. The prevalent risk-on mood undermined the safe-haven CHF and helped limit any further losses. The USD/CHF pair dropped to fresh six-week lows, around the 0.9180-75 region during the early European session, albeit recovered...

4/15/2021 9:10:39 AM GMT | By Haresh Menghani The risk-on mood undermined the safe-haven CHF and extended some support to USD/CHF. Sliding US bond yields continued weighing on the USD and kept a lid on the intraday uptick. Investors now look forward to important US macro releases for some meaningful impetus. The USD/CHF pair struggled to preserve its modest intraday gains and has now retreated to the lower end of its daily trading range, around the 0.9220...

0.9133 - 223.6 times ext. of 0.9472-0.9355 fm 0.9395. USD/CHF - 0.9226.. Although dlr extend its recent losing streak n fell to a 5-week low of 0.9187 n Europe yday, price found renewed buying there n rallied to 0.9234 in NY due to rise in EUR/CHF cross b4 trading sideways. On the bigger picture, despite dlrs rally fm Seps bottom at 0.8999 to 0.9296 in late Sep, subsequent erratic fall to 0.9031 n Novs brief break of 0.8999 to a fresh 5-1/2 year 0.8983 low due to USDs broad-based weakness sig...