Tag Archives: 1.) FXStreet on SNB&CHF

USD/CHF extends the rally to near 0.8970 in Thursday’s early European session.  Global economic uncertainties and geopolitical tensions could boost the Swiss Franc.  The estimate of the US Q4 GDP data will be in the spotlight later on Thursday.  The USD/CHF pair trades in positive territory for the second consecutive day around 0.8970 during the early European session on Thursday. A modest recovery in the US Dollar (USD) provides some support...

USD/CHF extends the rally to near 0.8970 in Thursday’s early European session.  Global economic uncertainties and geopolitical tensions could boost the Swiss Franc.  The estimate of the US Q4 GDP data will be in the spotlight later on Thursday.  The USD/CHF pair trades in positive territory for the second consecutive day around 0.8970 during the early European session on Thursday. A modest recovery in the US Dollar (USD) provides some support...

The Australian Dollar appreciates despite escalating trade tensions. The PBOC injected CNY300 billion through the one-year Medium-term Lending Facility (MLF), keeping the rate steady at 2%. President Trump said tariffs on Canada and Mexico ‘will go forward’. The Australian Dollar (AUD) recovers its daily losses as the US Dollar (USD) weakens amid declining US Treasury yields on Tuesday. Investors eagerly anticipate Australia’s monthly inflation...

USD/CHF struggles as the US Dollar loses ground following disappointing US economic data. Traders anticipate the Fed will keep its current stance for an extended period due to ongoing uncertainty. The Swiss Franc strengthened as the yield on the 10-year Swiss government bond rose. USD/CHF remains under pressure for the fourth consecutive session, hovering around 0.8970 during Asian trading hours on Tuesday. The pair’s decline is driven by a...

The US Dollar sees earlier gains cut in half after inflation for November falls in line of expectations. Traders boost bets for a last rate cut next week from the Fed. The US Dollar Index (DXY) is trading around 106.50 and fails to jump higher.  The US Dollar (USD) is holding on to minor gains on Wednesday after the US Consumer Price Index (CPI) came broadly in line of expectations. No real outliers with the Monthly Headline Inflation coming...

Gold price advances to over a two-week high and draws support from a combination of factors.  Geopolitical risks, trade war fears and rate cuts by major central banks underpin the XAU/USD.  Rising US bond yields underpin the USD and cap the yellow metal ahead of the US CPI report. Gold price (XAU/USD) prolongs its weekly uptrend for the third consecutive day on Wednesday and climbs to a two-and-half-week high during the Asian session. The commodity now looks to...

Gold rally maintains its positive momentum intact fuelled by buying from China and safe-haven flows. The US Dollar’s moderate recovery is weighing on Gold. XAU/USD’s technical picture remains positive with price action standing above the last two week’s trading range. Gold (XAU/USD) maintains a mild bullish tone on Tuesday. The tone shift by China’s Politburo, vowing further economic stimulus to support growth, and the resumption of Gold...

The US Dollar Index soars above 106.50 on Monday. DXY surges higher driven by Trump's warnings on tariffs against BRICS nations Strong November ISM manufacturing PMI helps the USD. The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, has surged above the 106.50 level on Monday, the first trading session in December. This move higher has been driven by several factors, including news that US...

The US Dollar has kicked off this week on the front foot after Donald Trump slapped BRICS with tariff. Focus shifts to Paris where this Monday, during European trading hours, French parliament is set to convene ahead of a vote for no-cofidence.  The US Dollar Index spikes back above 106.00, though it faces a key level ahead at 106.52. The US Dollar (USD) is rallying higher on Monday driven by two main drivers. First element is Donald Trump’s...

EUR/CHF mildly falls on Friday as markets digest Eurozone HICP inflation data for November.  The Euro weakens as it does little to change the outlook for interest rates , a key driver of FX valuations.  CHF gains marginally on stronger GDP growth data but hamstrung by comments for the SNB’s President Schlegel.  EUR/CHF edges lower to trade on the 0.9300 handle on Friday after the release of Eurozone inflation data continues to suggest European...