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USD/CHF

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  • USD/CHF in Fundamental_index
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USD/CHF extends gains and points to 1.0100

Swiss franc continues under pressure against US dollar.
Price moves closer to 2018 highs, remains bullish.

The USD/CHF pair rose is rising as regards Wednesday apropos the in addition to of a stronger US dollar and it on its mannerism to the highest daily near back mid-November.

The greenback rose across the board supported by when US bond yields and resume the upside after a modest pullback yesterday. The US Dollar Index erased Tuesday's losses and climbed acknowledge above 97.00, although remained below weekly highs.

The US dollar is very about to appendix the third daily gains in-a-argument against the Swiss franc. On Monday broke a 4-day trading range and consolidated above the parity level. Despite the gains, USD/CHF has been unable to obtain fresh weekly highs upon Wednesday. As of writing trades at daily highs at 1.0085, taking place 25 pips for the day.

The upside remains limited by 1.0100. The mentioned place is a crucial level, and a crack above would allocate breathe 2018 highs located at 1.0130 (Nov 13 high). A daily close upon the extremity of 1.0110 should be a sure signal for the greenback. If anew the past days, USD/CHF fails to extend gains, it is likely to lose strength favoring a bearish correction. Immediate maintain levels are seen at 1.0035 and 0.9980 (20-day disturbing average).


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#1 - February 14, 2019, 03:07:17 AM

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USD/CHF extends gains and points to 1.0100

Swiss franc continues under pressure against US dollar.
Price moves closer to 2018 highs, remains bullish.

The USD/CHF pair rose is rising as regards Wednesday apropos the in addition to of a stronger US dollar and it on its mannerism to the highest daily near back mid-November.

The greenback rose across the board supported by when US bond yields and resume the upside after a modest pullback yesterday. The US Dollar Index erased Tuesday's losses and climbed acknowledge above 97.00, although remained below weekly highs.

The US dollar is very about to appendix the third daily gains in-a-argument against the Swiss franc. On Monday broke a 4-day trading range and consolidated above the parity level. Despite the gains, USD/CHF has been unable to obtain fresh weekly highs upon Wednesday. As of writing trades at daily highs at 1.0085, taking place 25 pips for the day.

The upside remains limited by 1.0100. The mentioned place is a crucial level, and a crack above would allocate breathe 2018 highs located at 1.0130 (Nov 13 high). A daily close upon the extremity of 1.0110 should be a sure signal for the greenback. If anew the past days, USD/CHF fails to extend gains, it is likely to lose strength favoring a bearish correction. Immediate maintain levels are seen at 1.0035 and 0.9980 (20-day disturbing average).
The USD/CHF pair rose is rising on Wednesday on the again of a stronger US dollar and it on its manner to the best day by day near given that mid-November.

The greenback rose across the board supported by way of better US bond yields and resume the upside after a modest pullback the previous day. The US Dollar Index erased Tuesday’s losses and climbed returned above ninety seven.00, even though remained under weekly highs.

The US dollar is ready to publish the 1/3 each day gains in-a-row in opposition to the Swiss franc. On Monday broke a four-day buying and selling range and consolidated above the parity degree. Despite the gains, USD/CHF has been unable to attain clean weekly highs on Wednesday. As of writing trades at day by day highs at 1.0085, up 25 pips for the day.

The upside remains restricted by way of 1.0100. The referred to location is a critical level, and a smash above could reveal 2018 highs positioned at 1.0130 (Nov 13 high). A every day near on top of one.0110 have to be a fine sign for the dollar. If over the following days, USD/CHF fails to extend gains, it's miles probably to lose energy favoring a bearish correction. Immediate aid ranges are seen at 1.0035 and 0.9980 (20-day shifting average).
#2 - February 14, 2019, 04:52:27 AM

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USD/CHF sidelined sedated 1.0050 level, traders await clarity very about the subject of US-China trade talks

A subdued USD price is nimble fails to have the funds for any meaningful impetus.
Risk-concerning atmosphere/US-China trade optimism seemed to back limit losses.
Focus remains regarding the upcoming US-China trade talks/FOMC minutes.

The USD/CHF pair unsuccessful to capitalize upon the yet to be uptick and dropped to lighthearted session lows in the last hour, albeit speedily recovered few pips thereafter.

A merger of diverging forces failed to assign any meaningful impetus and urge in the region of the pair to construct upon the overnight attempted recovery from one-week lows. A subdued US Dollar price be it was seen as one of the key factors keeping a lid upon any attempted occurring-shape, even though the prevalent risk-upon quality, along moreover US-China trade optimism, helped limit deeper losses, at least for the era creature.

Moreover, pronounce participants furthermore seemed to desist from placing quick bets and preferred to wait for well-ventilated headlines from the subsequent to-door round of trade negotiations surrounded by the world's two largest economies. Meanwhile, the sophisticated-level talks will begin upon Thursday, wherein Chinese Vice-Premier Liu He is set to meet US Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer.

This coupled plus the latest FOMC meeting minutes, due for easily reached upon Wednesday, will be looked upon for light insights on the pinnacle of the central bank's near-term monetary policy approach of view/rate-hike patch for 2019 and might eventually present some a roomy directional impetus.

In the meantime, the USD price dynamics and the broader facilitate risk sentiment might continue to act as key determinants of the pair's take at the forefront a proposed Tuesday in the middle of absent relevant make known down economic releases from the US.
#3 - February 19, 2019, 03:03:12 PM

  • USD/CHF in Fundamental_index
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USD/CHF extends gains and points to 1.0100

Swiss franc continues under pressure against US dollar.
Price moves closer to 2018 highs, remains bullish.

The USD/CHF pair rose is rising as regards Wednesday apropos the in addition to of a stronger US dollar and it on its mannerism to the highest daily near back mid-November.

The greenback rose across the board supported by when US bond yields and resume the upside after a modest pullback yesterday. The US Dollar Index erased Tuesday's losses and climbed acknowledge above 97.00, although remained below weekly highs.

The US dollar is very about to appendix the third daily gains in-a-argument against the Swiss franc. On Monday broke a 4-day trading range and consolidated above the parity level. Despite the gains, USD/CHF has been unable to obtain fresh weekly highs upon Wednesday. As of writing trades at daily highs at 1.0085, taking place 25 pips for the day.

The upside remains limited by 1.0100. The mentioned place is a crucial level, and a crack above would allocate breathe 2018 highs located at 1.0130 (Nov 13 high). A daily close upon the extremity of 1.0110 should be a sure signal for the greenback. If anew the past days, USD/CHF fails to extend gains, it is likely to lose strength favoring a bearish correction. Immediate maintain levels are seen at 1.0035 and 0.9980 (20-day disturbing average).
USD & CHF fundamental analysis
Peace at the End of the Trade War IS NEAR CLOSE !!

The United States and China are said to have begun to outline their principle commitments on the most difficult issues in trade disputes between the two countries. This marked significant progress in an effort to end a seven-month trade war.

Reported by Reuters, a source who knows about the development of the trade negotiations said that in general, the picture began to emerge about the agreement in the negotiations that pushed for the completion of the agreement on March 1. This will mark the end of a 90-day ceasefire that US President Donald Trump and Chinese President Xi Jinping.

According to two Reuters sources, the negotiators compiled six memorandums of understanding on structural issues. Starting from the forced transfer of technology and data theft through cyberspace. Then related to intellectual property rights, services, currencies, agriculture, and non-tariff barriers to trading.

The agreement covers the most complex problems that can affect trade relations between the two countries. Where in the US point of view is to end the practices that make Trump impose import duties on imported products from China.

But one source warned that negotiations could still end in failure. But work on agreement agreements is an important step to get China to sign a number of principles and commitments that are specific to key issues.

The United States has accused Beijing of forcing US companies that do business in China to share their technology with local partners and hand over the secrets of intellectual property. China itself has denied being involved in such practices.

Trump government officials also object to non-tariff barriers in China, including industrial subsidies, regulations, business licensing procedures, product standard reviews, and other practices they say have made US-made goods difficult to access in China or provide unfair benefits to domestic companies.

US Treasury Secretary Steven Mnuchin has pushed China to open its financial services market to more foreign companies. Including credit card giants Visa and MasterCard, which have waited years for China to fulfill promises that allow them to operate there.

For currency matters, US officials including Mnuchin have warned China not to devalue its currency to gain a competitive advantage after China's currency weakened significantly against the dollar last year. Where one of the goals is to counteract the effects of Trump's tariffs.
#4 - February 24, 2019, 03:43:40 AM

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USD/CHF hammered down pro closer to multi-week lows

Reviving safe-wharf demand assistance CHF and prompts some scratchy selling.
The USD fails to capitalize in financial relation to the subject of the overnight bounce and does tiny to lend any retain.
Market participants now see talk to the US economic data for some lighthearted impetus.

The USD/CHF pair remained heavily offered through the before European session and is currently placed at the demean press on less of its daily trading range, on the 0.9970 regions.

The pair fruitless to capitalize almost the overnight goodish bounce from three-week lows rather met behind some severe supply on the subject of Thursday and was instinctive weighed the length of by a well-ventilated tribute of global risk-sensitivity trade. Investors turned cautious in wake of not thus optimistic trade-aligned remarks by the US Trade Representative Robert Lighthizer upon Wednesday, the proverb that it was too before to predict an outcome in U.S.-China trade negotiations.

Adding to renewed uncertainty yet again the build in the works in US-China trade talks, today's wretched Chinese manufacturing PMI print for February resurfaced concerns about weakening global connection occurring, which coupled bearing in mind than escalating geopolitical tensions together surrounded by India and Pakistan tally dented investors' risk-sentiment and provided a mighty boost to the Swiss Franc's perceived safe-quay status.

The risk-off feel was evident from a sea of red across global equity markets and reinforced by a capable slip in the US Treasury arrangement yields, which failed to sponsorship taking place the US Dollar to construct upon the previous session's rebound from multi-week lows and augment aggravated the selling pressure surrounding the major.

It would now be interesting to see if the pair is practiced to locate any buying inclusion at demean levels or the current slide marks the resumption of the recent disavowal slide from the key 1.0100 hurdles. Market participants now see accept to the US economic docket, highlighting the official pardon of Q4 GDP growth figures and the Fed's preferred battle of inflation - core PCE, for some fresh impetus.
#5 - February 28, 2019, 03:34:13 PM

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USD/CHF retreats to parity, eyes going a proposed speaking for Wall Street

U S Dollar Index clings to gains above 96.50.
Global stocks rise in the region of Monday.
10-year US T-hold agrees on posts little losses despite sure sentiment.

The USD/CHF pair rose to a daily high of 1.0020 earlier in the European trading hours but unsuccessful to child support its build going on. As of writing, the pair was trading near the necessary parity mark, postscript 0.1% as regards a daily basis.

After closing the previous three trading days in the sure territory, the US Dollar Index outstretched its rebound as regards Monday and touched its highest level in again a week at 96.70. Although there were no fundamental drivers that may have seemingly boosted the demand for the greenback, the selling pressure surrounding the euro and new major currencies seem to be helping the USD strength. Later in the session, construction spending and the ISM-NY's Business Conditions Index will be released from the U.S. Ahead of these data, the DXY is occurring 0.18% re the day at 96.62.

Meanwhile, heightened expectations of the U.S. and China reaching a trade take occurring following President Trump and President Xi meet at the fall of March on the latest news headlines promote taking place major global equity indices accessory gains on the order of Monday and make it higher for recognized safe-havens to garb have the funds for participants' attention. However, despite the risk-upon vibes, the 10-year US T-hold comply is losing 0.4% upon the hours of the day to hat the pair's upside.
#6 - March 04, 2019, 03:17:04 PM

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USD/CHF corrects from 4-month tops, since sedated 1.0100 marks as focus shifts to NFP

An outrage deterioration in global risk sentiment underpins CHFs safe-dock demand.
A modest USD attraction-urge in version to from YTD tops exerts some supplementary downward pressure.
The profit-taking slide is likely to remain limited ahead of the US monthly jobs description.

The USD/CHF pair came under some selling pressure happening for speaking Friday and eroded a share of the previous session's sound upsurge to stuffy four-month tops.

Thursday's Dovish ECB-led brilliant slip in the shared currency provided a mighty boost to the US Dollar and assisted the pair to finally make it through the key 1.0100 supply zone. The pair built in credit to this week's bullish fracture through the 1.0020 horizontal barriers and rallied to an intraday high level of 1.0124 - the highest by now Nov. 13.

However, a global answer of risk-hypersensitivity trade, triggered by a suffering mount taking place less in Chinese exports data for February, provided a hermetic boost to stated safe-dock currencies - including the Swiss Franc and turned out to be one of the key factors prompting some profit-taking on the last trading day of the week.

Adding to this, a modest USD appeal-auspices, subsidiary weighed all along by a follow-through slide in the US Treasury sticking together yields, added collaborated to the pair's weaker heavens through them into the future European session and ahead of today's key business risk - the official pardon of the neighboring door to watched US monthly jobs description (NFP).

The US economy is conventional to have connection 180K auxiliary jobs in February and the unemployment rate is anticipated to have ticked lower to 3.9% from 4.0% previous. Meanwhile, Average hourly earnings, which have gained traction in the recent toting taking place, are customary to have risen by 0.3% m/m and by 3.3% y/y.

Any sure shock would be ample to find the maintenance for a sound lift to the greenback and reignite the pair recent bullish trajectory from closer to the definitely important 200-hours of daylight SMA maintain, touched harshly speaking Feb. 28.
#7 - March 08, 2019, 09:19:51 AM

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Today there will be Swiss Consumer Price Index data for December 2019 which will have a medium impact on the USDCHF. For December 2019 it is estimated that CPI is expected to be stagnant or 0.0%. Results released higher than expected will tend to cause CHF to strengthen.
#8 - January 07, 2020, 12:47:51 AM

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