{"id":88806,"date":"2023-08-31T20:48:01","date_gmt":"2023-08-31T16:48:01","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=88806"},"modified":"2023-08-31T20:50:06","modified_gmt":"2023-08-31T16:50:06","slug":"swiss-franc-rebounds-post-mixed-us-data-swiss-retail-sales","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/swiss-franc-rebounds-post-mixed-us-data-swiss-retail-sales\/08\/31\/market-updates\/","title":{"rendered":"Swiss Franc rebounds post mixed US data, Swiss retail sales"},"content":{"rendered":"\n<p>The US PCE inflation figures align with forecasts, and Swiss retail sales plunge -2.3% MoM. Mixed employment data in the United States sets the scene for a crucial Nonfarm Payrolls report, while a morning star chart pattern suggests a potential upside for USD\/CHF. <br><br>The US Dollar gains ground as PCE inflation meets estimates and on month-end flows. The US Nonfarm Payrolls report for August is crucial, and mixed employment data may clear some clouds. The US Dollar Index climbs 0.51%, reaching 103.707. <br><br>Swiss retail sales for July were worse than estimated, plunging -2.3% MoM, below the revised June 1.5% gain. <br><br>The Swiss National Bank (SNB) foresees CPI to rise to 2.2% in 2023 and 2024, with money market futures expecting the SNB to keep rates unchanged.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US PCE inflation figures align with forecasts, and Swiss retail sales plunge -2.3% MoM. Mixed employment data in the United States sets the scene for a crucial Nonfarm Payrolls report, while a morning star chart pattern suggests a potential upside for USD\/CHF. The US Dollar gains ground as PCE inflation meets estimates and on &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":[8699,8949,7669,10503,7078],"class_list":["post-88806","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-nonfarm-payrolls","tag-pce-data","tag-swiss-franc","tag-swiss-retail-sales","tag-usd-chf"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/88806","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=88806"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/88806\/revisions"}],"predecessor-version":[{"id":88812,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/88806\/revisions\/88812"}],"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=88806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=88806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=88806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}