The US dollar has recovered momentum during the US session as market sentiment deteriorates. The Swiss Franc falls across the board, so, the EUR\/CHF pair rises toward 0.9900.<\/p>\n\n\n\n
The pair has best performance in weeks, gains 1.40%. The USD\/CHF pair is rising sharply on Tuesday amid a stronger US dollar across the board and also amid a slide of the Swiss Franc. The pair peaked on European hours at 0.9398, the highest level since December 8 and then pulled back finding support at 0.9315. It is moving back toward daily highs as Wall Street extend losses. <\/p>\n\n\n\n
The pair is back above the 20-day Simple Moving Average (now support at 0.9305) for the first time since early November. The recovery takes place after USD\/CHF held above 0.9200. Above 0.9400, the next barrier is seen at 0.9430.<\/p>\n\n\n\n
After a positive opening, the Dow Jones is falling by 0.53% and the Nasdaq drops by more than 1%. The deterioration in market sentiment is boosting the US Dollar after a previous correction. The DXY peaked at 104.85, and the pulled back to 104.15; as of writing it is at 104.65 up 1.15% for the day.<\/p>\n\n\n\n
At the same time, US yields are also moving to the upside reversing an initial decline. The US 10-year yield stands at 3.78% and the two-year is back above 4.40%.<\/p>\n\n\n\n
The Swiss Franc is among the worst performers amid a rally in Swiss bonds. The Switzerland 10-year bond yield is falling by 8.50% at 1.46%, moving away from the multi-year high it hit last week at 1.62%.<\/p>\n","protected":false},"excerpt":{"rendered":"
The US dollar has recovered momentum during the US session as market sentiment deteriorates. The Swiss Franc falls across the board, so, the EUR\/CHF pair rises toward 0.9900. The pair has best performance in weeks, gains 1.40%. The USD\/CHF pair is rising sharply on Tuesday amid a stronger US dollar across the board and also …<\/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":[7078],"class_list":["post-77837","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-usd-chf"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/77837","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=77837"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/77837\/revisions"}],"predecessor-version":[{"id":77838,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/77837\/revisions\/77838"}],"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=77837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=77837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=77837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}