The US dollar advances some 0.27% ahead of the release of the Fed monetary policy statement. The USD/CHF is upward biased but faces strong resistance at the 100-DMA. The USD/CHF surges in the North American session reclaim the 0.9200 figure ahead of the FOMC monetary policy decision. The pair is …
Read More »USD/CHF Near Two-Week Highs Amid Speculations On SNB Intervention
The USD/CHF pair hit its highest level in nearly two weeks on Tuesday as the Swiss franc lost its safe-haven shine despite further downside in US (and global) equities and ongoing Italian political uncertainty. The pair broke to the north of its 200 and 21-day moving averages in the 0.9160 …
Read More »USD/CHF Pares Thursday’s Losses, Reclaims 0.9200 Figure
The US dollar recovers some of Thursday’s losses against the Swiss franc. The pair climbs above the 100, and the 50-day moving averages (DMAs) trading at 0.9227 during the New York session. Financial markets risk-aversion favors the US dollar safe-haven status, to the detriment of the Swiss franc.In the bond …
Read More »Switzerland To Launch New Covid-19 Restrictions On 14 December
The Swiss government is considering further of Covid-19 restrictions in order to contain a recent rise in infections. The government is considering imposing new rules to restrict indoor public access to vaccinated and naturally immune individuals, whilst indoor locations where face masks cannot be worn would require negative tests for …
Read More »Pre-NFP Support Helps USD/CHF Maintains Calm
USD/CHF found good support at its 200-day moving average for a third consecutive day on Thursday. The pair has been hovering just to the north at close to 0.9180 since Tuesday, during which time it has rolled within a fairly tight 0.9180-0.9220 range. The pair has been going sideways despite …
Read More »USD/CHF Slid By U. S. Consumer Sentiment
USD/CHF tends to end Friday’s session flat slightly gaining at 0.9200 level. The pair had at one point been nearly as high as 0.9240, but a sharp, surprise worsening in Consumer Confidence in November according to the University of Michigan’s Index that pushed the pair from highs and back towards …
Read More »USD/CHF hovers around 0.9200 after failure at 0.9225
The U. S. dollar has hesitated around 0.9200 on Tuesday. As the USD/CHF pair was able to rebound from 7 week lows at 0.9150, it found resistance at 0.9225 earlier today. As for the broader picture, the USD/CHF remains trapped within a clear downtrend from September highs at 0.9365. The …
Read More »USD/CHF trims loss and approaches 0.9300
The USD/CHF pair has remained biased higher on the long term. The US dollar has regained lost ground on Tuesday, following three successive days in the red area, after bouncing at 0.9225 lows and return to levels near 0.9300.The safe-haven Swiss Franc has lost ground due to a moderate risk …
Read More »USD/CHF at Two-Month High
The US Dollar (USD) is keeping its upward trend against the Swiss Franc (CHF) on Monday for the sixth consecutive session, rising to its highest level in about two months. The USD/CHF pair is trading higher for the day by 0.36% at 0.9203. The last time the pair was seen …
Read More »USD/CHF Enhances its Weekly Gains
The US Dollar (USD) is rising on Friday against the Swiss Franc (CHF), supported by increased demand amid uncertainty. The USD/CHF pair is rising and is close to finishing the week in gains. The pair is trading higher for the day by 0.22% at 0.9172. The pair has been moving …
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