{"id":116707,"date":"2025-07-17T20:44:15","date_gmt":"2025-07-17T16:44:15","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=116707"},"modified":"2025-07-17T20:45:18","modified_gmt":"2025-07-17T16:45:18","slug":"can-usd-chf-break-higher-amid-feds-hawkish-stance","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/can-usd-chf-break-higher-amid-feds-hawkish-stance\/07\/17\/market-updates\/","title":{"rendered":"Can USD\/CHF Break Higher Amid Fed\u2019s Hawkish Stance?"},"content":{"rendered":"The US Dollar is strengthening against the Swiss Franc, with USD\/CHF gaining ground on Thursday as robust US economic data and a hawkish central bank outlook boost demand for US yields. Trading above 0.8000, the pair shows signs of a bullish shift\u2014can it push past key resistance or face a reversal?<br \/><br \/>Strong Data Backs Hawkish Policy<br \/><br \/>US Retail Sales for June climbed 0.6%, surpassing the 0.1% forecast, signaling resilient consumer spending despite tariff uncertainties and elevated interest rates. This uptick, paired with a solid labor market, bolsters the central bank\u2019s cautious stance, delaying expectations of a September rate cut. With inflation concerns tied to potential tariff hikes looming ahead of the August deadline, policymakers remain focused on keeping price pressures in check, supporting the Dollar\u2019s rise.<br \/><br \/>Rate Cut Odds Fade, Boosting USD\/CHF<br \/><br \/>Expectations of a September rate cut have waned, with the probability dropping to 52.7% from 65.4% last week, while the chance of rates holding at 4.25%-4.50% rises to 46.0% from 29.7%. This central bank divergence, reinforced by comments advocating a restrictive policy \u201cfor some time,\u201d underpins USD\/CHF strength. Improved risk sentiment further dims rate cut prospects, fueling the pair\u2019s upward momentum.<br \/><br \/>Technical Signs Point to Gains<br \/><br \/>USD\/CHF\u2019s daily chart hints at a short-term bullish reversal, breaking above the 20-day simple moving average at 0.7995 and the 23.6% Fibonacci retracement at 0.8015. The Relative Strength Index has crossed above 50, shifting momentum to neutral. Resistance looms at 0.8103, with potential upside to 0.8174 and 0.8246 if cleared, while support at 0.7995-0.7950 holds the key to this trend.<br \/><br \/>What\u2019s Next for USD\/CHF?<br \/><br \/>The pair\u2019s trajectory depends on upcoming data and tariff developments. A sustained break above 0.8103 could signal further gains, but a drop below 0.7950 might trigger a pullback. Markets teeter on a knife-edge\u2014will the Dollar\u2019s strength persist or fade?","protected":false},"excerpt":{"rendered":"<p>The US Dollar is strengthening against the Swiss Franc, with USD\/CHF gaining ground on Thursday as robust US economic data and a hawkish central bank outlook boost demand for US yields. Trading above 0.8000, the pair shows signs of a bullish shift\u2014can it push past key resistance or face a reversal?Strong Data Backs Hawkish PolicyUS &hellip;<\/p>\n","protected":false},"author":13,"featured_media":32638,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[],"class_list":["post-116707","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/116707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=116707"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/116707\/revisions"}],"predecessor-version":[{"id":116711,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/116707\/revisions\/116711"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32638"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=116707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=116707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=116707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}