USD/CHF trims intraday losses to halt the losing streak, hovering around 0.9050 during the early European session on Wednesday. The pair is receiving
USD/CHF experienced challenges due to the dovish remarks by the Fed. The escalation of the Middle-East conflict could contribute support for the Swiss Franc. Investors await Core PPI and FOMC minutes, seeking fresh impetus on inflation overview in the US. support around the region at the three-week low.
In times of geopolitical uncertainty, safe-haven currencies like the Swiss Franc often attract buying support. The US Dollar Index hovers around 105.80 with a negative bias. The 10-year US Treasury bond yield stands at 4.62% by the press time. Investors await the upcoming economic data, with Wednesday featuring the Producer Price Index following the release of the FOMC meeting minutes and Thursday bringing the Consumer Price Index .
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USD/CHF continues consolidating, loses the 20-day SMAThe USD/CHF declined near the 0.9040 level and tallied its fifth straight day of losses. For the US Dollar, the economic calendar will remain empty on
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USD/CHF clears daily gains and falls below the 20-day SMAIn Monday’s session, the USD/CHF reversed its course after peaking at a high of 0.9123 and settling around 0.9055 below the 20-day Simple Moving Avera
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USD/CHF rebounds from three-week low near 0.9050 on US Dollar recoveryUSD/CHF extends its losing streak for the fifth successive day, trading lower around 0.9070 during the Asian session on Tuesday. However, the pair reb
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Gold Price Forecast: XAU/USD buyers keep $1,880 in sight ahead of US PPI, Fed MinutesGold price is extending its phase of bullish consolidation near the one-week high of $1,865 in Asian trading on Wednesday. Gold price is gathering pac
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GBP/USD advances to multi-week high, focus remains on US PPI and FOMC minutesThe GBP/USD pair gains some positive traction for the sixth successive day on Wednesday and climbs to a near three-week high during the Asian session.
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