USD/CHF advances to 0.7870, eyes monthly top as inflation worries lift USD ahead of US PCE
USD/CHF gains above 0.7800 amid Fed hawkish hold expectations
Markets remain fixated on energy prices, but correlation analysis suggests the recent moves in USD/JPY and USD/CHF are once again being driven by more familiar forces. For the yen, interest rate differentials and shifts in risk appetite have reasserted themselves, while for the franc, haven demand alongside yield spreads appears to be back in the driver's seat.
USD/CHF Price Forecast: Traders eye 0.7800 as RSI turns bullish
USD/CHF softens to near 0.7750 ahead of US CPI inflation release
USD/CHF Price Forecast: Rebounds toward 0.78 as USD finds support
Intraday bias in USD/CHF stays neutral as range trading continues. On the downside, break of 0.7671 support will revive near term bearishness and bring retest of 0.7603 low.
USD/CHF steadies near 0.7800 on hopes for Iran conflict resolution
The US dollar has been a bit noisy to say the least on Monday, as we are trying to sort out risk appetite.
USD/CHF rises above 0.7800 on safe-haven demand, rising energy prices
USD/CHF Price Forecast: Struggles at 0.7800, dives below 50-day SMA
USD/CHF is slowly turning higher as the US dollar benefits from yield support, with dip-buying favored unless the pair breaks back below 0.76.