USD/CHF fades bounce off multi-day low under 0.9100 as Swiss Unemployment Rate loom – by anilpanchal7 USDCHF Employment Recession RiskAversion Fed
Challenges to sentiment allowed Swiss Franc pair to portray corrective bounce.Employment figures from Switzerland, US eyed for fresh impulse.
That said, the greenback portrayed a corrective bounce on Wednesday as downbeat US data triggered recession woes. However, the recently increased odds of the US Federal Reserve’s no rate hike in May and challenges to the greenback’s reserve currency status seem to exert downside pressure on the US Dollar.
On the other hand, Russia’s latest likes for the Chinese Yuan and the China-Brazil pact to ignore the US Dollar as an intermediate currency are the keythat recently challenges the greenback’s imperial status. On the same line are the chatters that some of the US Congressmen have proposed a Gold Standard Restoration Act to defend the US Dollar. The bill suggests re-pegging the greenback with a fixed amount of the Gold’s weight like it was before 1971.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
USD/CHF steadies at multi-month low below 0.9100 ahead of US PMIs, employment dataUSD/CHF makes rounds to 0.9050-60 heading into Wednesday’s European session as traders seek more clues to extend the two-day downtrend at the lowest l
Weiterlesen »
USD/CHF Price Analysis: Rebounds from 0.9110 support confluenceUSD/CHF picks up bids to refresh intraday high near 0.9140 as it consolidates the week-start losses at multi-day low. With this, the Swiss Franc (CHF)
Weiterlesen »
USD/CHF Price Analysis: Bullish correction eyed, but bears to commit below 0.9150As per the prior analysis, USD/CHF Price Analysis: Bears are in the market and eye a break of 0.9120, the bears stayed with the course and busted to l
Weiterlesen »
USD/CHF juggles near fresh 19-month low below 0.9060 as US labor market cools downThe USD/CHF pair is displaying a back-and-forth action above 0.9050 in the early Tokyo session. The Swiss Franc asset is expected to continue its down
Weiterlesen »
USD/CHF Price Analysis: Extends key support break to refresh 20-month low near 0.9050USD/CHF Price Analysis: Extends key support break to refresh 20-month low near 0.9050 USDCHF Technical Analysis SwingTrading ChartPatterns SupportResistance
Weiterlesen »
USD/CHF rebounds after hitting YTD low amid risk-off impulse on US recession fearsUSD/CHF hits a new YTD low at 0.9005 but rebounds as a risk-off impulse, seeing a flight to safety, as shown by US equities trading in the red. Growin
Weiterlesen »