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USD/CHF can’t seem to bust through a key technical resistance zone! Is it time to short the Greenback against its fellow safe haven? We’re taking a closer look at the daily chart! USD/CHF 1-hour Forex Chart by TradingView The U.S. dollar can’t seem to sustain gains above the .8700 psychological handle against the Swiss franc…
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Trade war de-escalation. The Fed will continue to cut rates. Politics is holding back the euro. Verbal interventions are helping the yen. The de-escalation of the US-China trade conflict has shifted market attention to central bank monetary policy. Finance Minister Scott Bessent said that the negotiations had created a successful framework for the two countries’…
BoE’s Lombardelli: Gradual cuts warranted as wage and services inflation stay high – Action Forex
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Yen firms as Wall Street sell-off unsettles investors By Reuters
By Kevin Buckland and Sruthi Shankar (Reuters) – The Japanese yen firmed against the dollar on Wednesday as investors scurried to safer assets after a sharp sell-off on Wall Street in the prior session sparked by concerns about the U.S. economy and tech sector valuations. The catalyst was ostensibly some soft U.S. manufacturing data, which…
