Thursday , 19 September 2024
Home Forex USD/CHF moves above 0.8450 due to decreasing likelihood of an aggressive Fed rate cut
Forex

USD/CHF moves above 0.8450 due to decreasing likelihood of an aggressive Fed rate cut

USD/CHF breaks its four-day losing streak, trading around 0.8470 during the early European hours on Monday.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

UK consumer confidence September: -20 (vs. -13 expected). Lowest since March 2024.

UK GfK Consumer Confidence September 2024 is disappointing, turns even more deeply...

CBA shifts expected RBA rate cut timing to December 2024 (from November)

CBA have moved their expected timing of the first Reserve Bank of...

AUD/USD support: RBA on hold with strong jobs market, sticky CPI; Fed policy divergence

HSBC is eyeing the RBA higher for longer vs. an easing Federal...

BlackRock is wary of the Federal Reserve 50bp rate cut, watch the word “recalibration”

Analysts at BlackRock are wary of Wednesday's move from the Federal Open...