USD/CHF whipsaws, testing near-term lows and highs before settling into the midrange at 0.8840

BY admin admin

The USD/CHF tested territory on both the low and high sides before settling into the midrange near 0.8840 on Wednesday, with markets testing the boundaries of risk sentiment after mixed US data chewed into risk appetite.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

USDCAD Declines to 2-Month Low but Indicators Signal a Pullback

<p>USDCAD extended Monday’s losses and is currently trading not far above a two-month low of 1.3491 hit earlier today. The strong bearish rally started has been evolving since April 21. However,

Forex

Australian August Private Sector Credit +0.4% m/m (expected +0.3%)

<p>Data from the Reserve Bank of Australia </p><p>For the m/m +0.3% was the consensus estimate, total credit growth came in higher at 0.4% m/m. Scanning that screenshot from the RBA

Forex

Eurozone August M3 money supply -1.3% vs -1.0% y/y expected

<ul><li>Prior -0.4%</li></ul><p>Broad money growth in the euro area declines further as financial conditions continue to tighten and rather quickly I might add in the las

Copyright © 2024 | WordPress Theme: Xews Lite