The USD/CHF was seen mostly flat on Monday, with the pair trading around 0.8970.
The USD/CHF saw mild lossesnear 0.8970 after Friday’s sharp declines. The US bond yields are recovering from multi-weeklows. Eyes on Fed speakers. The USD/CHF was seen mostly flaton Monday, with the pair trading around 0.8970. The pair's price dynamics were set by rising US bond yields, which benefited the Greenback, allowing it to gain traction which limits the downside for the pair. For the rest of the session, no relevant data will be released for either the US or Switzerland.
As for now, the CME FedWatch tool suggests that the odds of a 25 bps hikedeclined nearly 10% for the upcoming December meeting. USD/CHF Levels to watch Analysing the daily chart, the technical outlook for the USD/CHF remains neutral to bearish as the bears continue to show signs of gaining ground for the short term.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
USD/CHF continues the losses for the fourth day, trades near 0.8980USD/CHF plummets for the fourth successive day, trading lower near 0.
Les mer »
Analyst calls: All the market-moving chatter from Wall Street on Monday morningThe new kicked off with a downgrade to the world's largest lithium producer and an upgrade to one of the best-known car brands in the world.
Les mer »
Robert Crimo Jr., father of Highland Park shooting suspect, goes on trial for MondayThe Highland Park massacre suspect won't testify at his father's trial, which is set to begin next week.
Les mer »