I spy with my eye a potential support area for USD/CHF! In case you missed it, the pair recently tumbled following the release of mid-tier U.S. economic data supporting a Fed rate hike as soon as this year. Of course, it didn’t hurt CHF that Switzerland also dropped a better-than-expected GDP report AND that Swiss […]
Recent Posts
Categories
Related Articles
US Senator says Federal Reserve should sell some of its gold reserves to buy bitcoin
Republican Senator Cynthia Lummis of Wyoming spoke with CNBC:"The proposal that I...
UBS – British pound faces dollar dominance amid inflation and BoE rate cut
A note from UBS highlights that despite stronger-than-expected UK inflation data and...
PBOC sets USD/ CNY reference rate for today at 7.1942 (vs. estimate at 7.2502)
The People's Bank of China set the onshore yuan (CNY) reference rate...
Singapore official says trade tariffs could renew inflationary pressures, disrupt easing
A trade official in Singapore with the comments:Global economic uncertainties have increased,...
Leave a comment