The Swiss franc continues its two-week rally vs. the greenback, surging almost 1.50% in two days. A weaker US Dollar and a dismal mood increased appetite for the CHF, so the USD/CHF falls. USD/CHF Price Forecast: After falling close to 500-pips, bulls find the 0.9550 as a solid demand zone to step i

The pound declined against its major counterparts in the European session on Tuesday, as the nation's private sector growth slumped to its weakest level since March 2021 as high inflation and heightened geopolitical uncertainty dampened customer demand in May. Survey results from S&P Global and

The U.S. dollar traded firm against most of its peers on Friday, edging further up from the lows it touched earlier in the week. The dollar index climbed to a two-decade high of 105.01 late last week after Fed Chair Jerome Powell reiterated that the central bank is considering to raise interest rate

Currencies continue to push against the dollar. Bullard talks tough. Good day.. And a Tom Terrific Tuesday to you! Well... I found a different laptop in my closet yesterday, only the shadow knows how long this one will last, or how outdated it is, but for now, it works much better than my old one! I

EU Mid-Market Update: More ECB speak on rate trajectory; Major Euro Area PMI data miss consensus. Notes/Observations - Despite no underlying changes in macro themes, European markets turned lower by up to 1% with the exception of the CAC40. This echoes poor Asian overnight performance and with US fu

Economists at HSBC hesitate about the animus of the Swiss National Bank (SNB) to tighten its monetary policy. Therefore, the EUR/CHF pair is set to move downward in the coming weeks. The correction lower in USD/CHF may already have run its course “We are not convinced that the SNB has truly pivoted

USD/CHF remains pressured around monthly low, retreats from daily top of late. Oversold RSI conditions, 50% Fibonacci retracement level challenge immediate downside. Key SMAs challenge recovery moves, ascending trend line from March offers an additional filter to the south. USD/CHF struggles to stre