USD/CHF recovers recent losses, hovering near the 0.9000 psychological level during the European session on Thursday.
USD/CHF moves sideways as markets adopt a cautious stance. Investors focus on Fed Chair Powell's involvement in a panel discussion, seeking fresh cues. US Dollar experiences lukewarm response despite dovish remarks from Fed officials. The USD/CHF pair moves sideways as the market shifts confidence due to US Federal Reserve officials’ showing resistance against lowering interest rates.
Fed Governor Michelle Bowman has suggested that the central bank is contemplating future increases in short-term interest rates, introducing an element of uncertainty. Conversely, Neil Kashkari, President of the Minnesota Fed, remains skeptical about whether the central bank has raised rates sufficiently. He highlights the resilience of the economy as a crucial factor shaping his perspective on monetary policy. Switzerland's seasonally adjusted Unemployment Rate remained steady at 2.
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USD/CHF maintains position above 0.9000 on stronger US DollarUSD/CHF retraces recent losses, trading higher around 0.9020 during the European session on Wednesday.
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USD/CHF finds resistance at 0.9000 and pulls backThe USD/CHF experienced a quiet session on Wednesday near the 0.8990 area, seeing slight losses, with the trajectory of the pair being set by the US Dollar strengthening further.
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USD/CHF rises towards 0.9000, eyes on bearish SMA crossThe USD/CHF accelerated its gains on Tuesday's session and rose to the 0.9015 zone, with a strong US dollar and a negative market mood contributing to the pair's movements.
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European markets set to open lower again as negative momentum continuesEuropean markets are heading for a negative open Thursday as momentum continues to decline.
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European markets set to open lower again as negative momentum continuesEuropean markets are heading for a negative open Thursday as momentum continues to decline.
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European markets tick lower as sentiment turns negativeEuropean markets edged lower at the open on Thursday as momentum in markets declined.
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