{"id":54751,"date":"2021-11-12T23:41:11","date_gmt":"2021-11-12T19:41:11","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=54751"},"modified":"2021-11-12T23:41:16","modified_gmt":"2021-11-12T19:41:16","slug":"usd-chf-slid-by-u-s-consumer-sentiment","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/usd-chf-slid-by-u-s-consumer-sentiment\/11\/12\/market-updates\/","title":{"rendered":"USD\/CHF Slid By U. S. Consumer Sentiment"},"content":{"rendered":"\n<p>USD\/CHF tends to end Friday\u2019s 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\u2019s Index that pushed the pair from highs and back towards 0.9200. <br><br>The headline consumer sentiment index dropped to an 11-year low at 66.8 versus forecasts for a small rise to 72.4 from 71.7 in October.<br><br>If Fed is feeling the pressure to turn more hawkish in the coming weeks, then this is likely to keep the upwards pressure on USD\/CHF. <br><br>While some further profit-taking following the dollar\u2019s advances this week might see the pair slip under 0.9200 next week, it is likely to remain a buy on dips.<br><br>A gradual move back towards the late September highs in the 0.9350 area seems likely as long as Treasury yields can maintain recent upwards momentum.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>USD\/CHF tends to end Friday\u2019s 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\u2019s Index that pushed the pair from highs and back towards 0.9200. The headline consumer sentiment &hellip;<\/p>\n","protected":false},"author":13,"featured_media":36454,"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":[6981,7014,6871,7078],"class_list":["post-54751","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-chf","tag-consumer-sentiment","tag-usd","tag-usd-chf"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54751","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=54751"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54751\/revisions"}],"predecessor-version":[{"id":54755,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54751\/revisions\/54755"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/36454"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=54751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=54751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=54751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}