USDCHF Technical Analysis

Fundamental Overview The USD strengthened a bit on Friday following some positive Trump’s comments on China as Treasury yields bounced and erased the Thursday’s losses. Overall, the US dollar performance has been mixed as markets have been driven by quick changes in risk sentiment since Trump’s tariffs threat. On the domestic side, the US government…

Fundamental Overview The US Dollar came under renewed pressure recently following the surprisingly weak US consumer confidence report on Tuesday. The labour market data in the report softened a lot and it generally leads the unemployment rate. The market responded by raising the probabilities for the Fed to cut by 50 bps in November to…