The USD/CHF pair weakens to 0.9120 during the early European session on Tuesday.
USD/CHF edges lower to 0.9120 inTuesday’searly European session. TheFed’sofficials remain cautious as inflation remains sticky above the 2% target. The cautious mood and the Middle East geopolitical risks boost traditional safe-haven currencies like the CHF. The selling pressure of the Greenback drags the pair lower. Meanwhile, the cautious mood in the market remains to underpin the Swiss Franc ahead of the Gross Domestic Product data from Switzerland and the US, which are due on Thursday.
The Core PCE, theFed’spreferred inflation gauge, is projected toshowa rise of0.3% MoM and 2.8% YoY in April.The hotter inflation data might further underpin the USD against the CHF. On the Swiss front, the cautious mood and the ongoing geopolitical tensions in the Middle East might boost safe-haven flows and support the CHF. Gazan officials reported on Monday that an Israeli airstrike triggered a fire that killed 45 people in a tent camp in the Gazan city of Rafah.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
USD/CHF remains under selling pressure below 0.9150 following Swiss CPI dataThe USD/CHF pair faces some selling pressure on Thursday, supported by the hotter-than-expected Swiss inflation data.
Weiterlesen »
USD/CHF slips below 0.9140 as US Dollar retreats ahead of US preliminary PMIThe USD/CHF pair dips after facing selling pressure near 0.9140 in Thursday’s European session.
Weiterlesen »
USD/CHF advances toward 0.9100 due to lower Swiss Industrial ProductionUSD/CHF extends its gains for the second day, trading around 0.9080 during the early European hours on Friday.
Weiterlesen »
USD/CHF holds a position above 0.9050 amid firmer US DollarUSD/CHF treads water to hold position, hovering around 0.9060 during the early European hours.
Weiterlesen »
USD/CHF posts modest gains above 0.9080 on the Fed's hawkish remarks, firmer US DollarThe USD/CHF pair posts modest gains near 0.9085 during the early European trading hours on Wednesday.
Weiterlesen »
USD/CHF holds position above 0.9050 as the US Dollar remains firmerUSD/CHF gains ground for the second successive session, trading around 0.9070 during the European trading hours on Monday.
Weiterlesen »