The Middle East tension pushes the market into a cautious mode; oil, gold, and the safe-haven currencies gain.
Tag - chf - swiss franc
The US dollar has been trying to recover after the suffering in the last days of 2019.
Boris Johnson's strict Brexit agenda is putting the GBP under pressure, causing it lose the December 12-13 gains.
The UK PM Boris Johnson's recent announcements leave little space for Brexit's soft landing.
British General Elections, meetings of the ECB and SNB will drive markets today.
USD/CHF continues its December descent. The pair’s attempt to return above the 0.9845 area has failed.
The Federal Reserve meeting is today at 21:00 MT time. Analysts widely expect the Fed to keep rates on hold at the 1.5%-2% range
The upside of EUR/CHF has so far been limited by 1.0975. On Monday, the pair slipped below 1.0940 resuming the decline that started last week.
Take a look at the technical set-ups of EUR/USD, NZD/USD, USD/CAD, and USD/CHF.
A local flirting with the resistance or a serious intention to break through? We will examine the price action of GBP against CHF on high timeframes to answer this question.
Black Friday for the currency market: the Non-Farm Payrolls are out!
What will shake markets today