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USD/CHF Price Forecast: Breaks below key SMAs, eyes on 0.7800 | FXStreet
USD/CHF finishes the week on a lower note, down 0.87% for the week and 0.27% in the day, as markets turn optimistic about a possible US-Iran deal over the weekend. In the meantime, the technical picture remains bearish, as the pair tumbled below key moving averages, hitting a five-week low at 0.7775. USD/CHF Price Forecast:…
Awaiting Powell’s Speech – Currency Thoughts
Awaiting Powell’s Speech October 9, 2025 There’s been little reaction to news that Hamas and Israel reached a deal that is supposed to allow an exchange of hostages and prisoners and pave the way to a ceasefire in Gaza by the weekend. Financial market attention is instead focused on Fed policy. In the wake of…
Review of the main events of the Forex economic calendar for the next trading week (18.11.2024 – 24.11.2024) | LiteFinance
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The main events by the morning: July 10
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Blinken hints US will lift restrictions on Ukraine using long-range arms in Russia
The US secretary of state, Antony Blinken, gave his strongest hint yet that the White House is about to lift its restrictions on Ukraine using long-range weapons supplied by the west on key military targets inside Russia, with a decision understood to have already been made in private. Speaking in Kyiv alongside the UK foreign…
As expected, FOMC cut interest rate. The Bank of Canada keeps the rate unchanged at 2.25%
The US stock indices rose on Wednesday in reaction to the FOMC decision and Powell’s comments. The Dow Jones Index (US30) rose by 1.05%. The S&P 500 Index (US500) gained 0.67%. The technology-heavy Nasdaq Index (US100) closed higher by 0.33%. The Fed cut the rate by 25 basis points and maintained its expectations for one…
