Dollar could find renewed strength ahead of CPI
The USD/CHF is on watch as dollar catches bid against currencies where the central bank remains dovish
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The USD/CHF is on watch as dollar catches bid against currencies where the central bank remains dovish
In this week’s edition, we discuss the potential for the EUR/USD to drop to parity, following the footsteps of CHF/USD.
This is the largest drawdown from record since financial crisis…
Technical analysis on some of the most interesting markets right now
Swiss franc claws up to 90 line on US GDP Posted 5 hours agoSharePrint The Swiss franc is up for a second straight day. In North American trade, USD/CHF is trading at 0.9000, up 0.24% on the day. Swiss franc rebounds on strong economic sentiment data The Swiss franc has made strong inroads in recent weeks against a US dollar which continues to struggle. The dollar posted sharp gains in the first quarter, but has reversed directions. Since April 1, USD/CHF is down 4.8% and has surrendered most of the gains accrued in Q1. The Swiss central bank (SNB) does not want to see the Swiss franc continu...