USD/CHF holds ground near a seven-month high marked on Tuesday, trading higher for the third consecutive day around 0.9220 during the early European t
US Dollar strengthens on higher US Treasury yields, coupled with Solid US jobs data.holds ground near a seven-month high marked on Tuesday, trading higher for the third consecutive day around 0.9220 during the early European trading hours on Wednesday. The pair is experiencing upward support amid cautious sentiment due to the US Federal Reserve’s interest rates trajectory. hovers around 107.10 at the time of writing, aligned with the 11-month high marked on Tuesday.
Cleveland Federal Reserve President Loretta Mester indicated a likelihood of favoring an interest rate hike at the next meeting if the current economic conditions persist. On the other hand,Market participants are eagerly awaiting the US employment data, with the release of the ADP report on Wednesday and the Nonfarm Payrolls on Friday.
The Manufacturing PMI has witnessed a notable rebound, though it remains in contraction, while the Services PMI stays in expansion.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
USD/CHF climbs back over 0.9150 as markets go risk-offThe USD/CHF sees a Monday rebound after last Friday's decline, and broad-market risk flows are seeing investors pile into the US Dollar (USD) ahead of
Lire la suite »
USD/CHF persists on a downward trajectory toward 0.9100, Swiss CPI, US PMI eyedUSD/CHF continues to move on the downward pathway, trading lower around 0.9120 during the early European trading hours on Monday. The pair experiences
Lire la suite »
USD/CHF climbs above the 0.9200 area following the Swiss CPI dataThe USD/CHF pair gains traction above 0.9200 during the early European session on Tuesday. The upside of the pair is bolstered by the firmer US data a
Lire la suite »
S&P 500 Forecast: Index crashes on Tuesday as market continues sell-off into third monthThe S&P 500 index lost 0.74% last week, which was the fourth week in a row where the index declined. That performance came despite Personal Consumptio
Lire la suite »
House Speaker Kevin McCarthy will bring Gaetz motion to oust him to vote TuesdayRepublican House Speaker McCarthy is under fire from Rep. Matt Gaetz of Florida because of a bill passed with Democrats that avoided a government shutdown.
Lire la suite »
SD Filipino Film Festival starts TuesdayThis is the third year of the San Diego Filipino Film Festival. The opening night film is on Tuesday.
Lire la suite »