Citi forecasts weaker USD/CHF

Citi forecasts weaker USD/CHF
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Citi forecasts weaker USD/CHF
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This report is more useful when it’s released before Canadian retail sales but RBC is out today with its latest data on Canadian cardholder spending. Canada’s largest bank said card transactions fell 0.2% in February, which is largely consistent with the -0.4% decline in the advance retail sales report. Sales were influenced by poor February…
Despite trading sideways for some time within the price range of $0.0025 and $0.002, Dash 2 Trade (D2T/USD) has now broken below the critical support level of $0.002. While this could signal a potential bearish momentum, based on the market’s historical performance, there is a possibility of a significant bullish reversal. Traders may be targeting…
Addresses global demand for high-speed optical engines for Artificial Intelligence networks TORONTO, Dec. 31, 2024 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company“) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets,…
Dollar ended last week as the weakest major currency, with Dollar Index breaking to a fresh three-year low. Risk-on sentiment was a key driver: US equities surged following the Israel-Iran ceasefire, and S&P 500 and NASDAQ both posted record closes on Friday. Rising expectations of rate cuts from Fed later this year also contributed to…
The end of last week was quite unfavourable for the US dollar. Following the Jackson Hole symposium, where Jerome Powell confirmed the Fed’s readiness to start lowering the base interest rate, the dollar sharply declined across the board. The USD/CAD pair dropped below 1.3600, GBP/USD reached new 2023 highs at 1.3140, and EUR/USD buyers managed…
Crude Oil – 28.03.2025 – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link