USD/ CHF Key Price Levels The SNB Policy Statement and Interest Rate could help USD/CHF sellers this week. However, the US Unemployment rate, CPI, and PPI levels are also important in changing market sentiment. Moreover, a build in inventories...
The USD/JPY currency pair has shown a consistent upward trajectory since hitting lows of 139.55 in mid-September. Currently trading in the 149 range, it appears to have established a short- to medium-term uptrend. Guided by the principle that “the...
As a result, on Friday, buyers were allowed to test the level of 1.06, but they still failed to consolidate above it by the end of trading. This gave sellers a chance to continue the decline, and this morning they began to actively develop this...
Renminbi falls prey to Trump’s looming hefty tariffs The Chinese currency is facing a challenge! The yuan will have to contend with the current policies of US President-elect Donald Trump. According to CNBC, China’s authorities are grappling with a...
The Spot price has seen a sharp rebound, trading near the 0.5870 level during European trading hours on Monday after a strong opening. However, the pair’s gains are tempered by persistent weakness in the New Zealand Dollar (NZD) due to expectations...