The Swiss franc is registering modest gains of 0.20%, as reflected by the falling of the USD/CHF pair. The pair is retracing from the 50-day moving average and last Friday’s high at 0.9708, down towards the 0.9670s, courtesy of a risk-on impulse as shown by European equities closing in the …
Read More »USD/CHF hovers around 1.0000 as traders eye Fed’s decision
The USD/CHF extends its weekly rally and is up by 1.60%. Risk appetite is back as stocks rally, and safe-haven peers suffer.The USD/CHF clings to parity for the second successive day, trading at 1.0028, recording minimum gains of 0.11%, ahead of the US Fed monetary policy decision. Positive sentiment is …
Read More »USD/CHF Advances as bulls eye 20-DMA
On the week’s last trading day, the USD/CHF pair jumps from weekly lows erasing Thursday’s losses, the pair also gains 0.56% as the New York session gets closer to its end. The USD/CHF is trading at 0.9626, reflecting a downbeat mood and a strong US Dollar, underpinned by high US …
Read More »USD/CHF stops bleeding on broad US dollar strength
The Swiss franc gained more than 2.50% vs. the greenback. A dampened market mood and a strong US dollar capped the USD/CHF nosedive in the week. USD/CHF Price Forecast: Although the major held a massive loss in the week, it remains upward biased unless USD/CHF bears push the pair below …
Read More »USD/CHF Gains, But Fell Short Of Parity At Around 0.9960s
The USD/CHF pair retreated from YTD highs around 0.9960s as traders got ready to launch an assault toward the parity, but the negative market sentiment and USD traders booking profits were the main reason that kept the USD/CHF around the 0.9900 mark. At the time of writing, the USD/CHF is …
Read More »USD/CHF Hits Fresh Highs Ahead Of Fed Decision
The Swiss franc accumulates losses for the nine-consecutive trading session. US equities fluctuate between gainers and losers as risk appetite wobbles. The USD/CHF rallied and reached a two-year high at around 0.9839 as traders prepared for the monetary policy decision of the Federal Reserve. At 0.9829, the USD/CHF retraced from …
Read More »USD/CHF Benefits From Safe Haven Appetite
The USD/CHF to record the biggest monthly gain since May 2012, up 5.17%. A dampened market mood increased the appetite for the safe-haven Swissy as US dollar traders booked profits. USD/CHF Price Forecast: A daily close below 0.9700 might open the door for a mean reversion move.The USD/CHF retreats from …
Read More »USD/CHF soars closer to two-year-highs
The USD/CHF pair has rallied for the third consecutive day and reached a 21-month high at 0.9626. However, as the Asian Pacific session begins, on Tuesday, the USD/CHF print modest losses of 0.06%, down from YTD highs, and is trading in the high 0.9610s.The market mood soared on the back …
Read More »USD/CHF Hovers Around 0.9350 As Bulls Eye 0.9380s
The USD/CHF pair keeps buoyant after a positive Asian and European session, which witnessed the US dollar’s strength, pushing the pair up to the daily high around 0.9381, but of late retreated just over January 31 daily high, which sits at 0.9342. The USD/CHF is trading at 0.9353.Reflection of the …
Read More »USD/CHF Struggles at 0.9350
The Swiss franc benefits amid a risk-off market mood, as reflected by the USD/CHF down 0.25%. Falling US Treasury yields, led by the 10-year, underpin the USD/CHF pair.Overnight, the USD/CHF reached a daily high at 0.9357, but a risk-off market mood, which benefitted the low-yielder Swiss franc, impeded USD bulls …
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