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USD/CHF Price Forecast: Sinks below 0.80 on weak NFP data
The USD/CHF extended its losses on Friday, tumbling below the 50-day Simple Moving Average (SMA) at 0.8020. The release of a worse than expected US Nonfarm Payrolls report, cemented the case for a Fed rate cut at the September meeting. At the time of writing, the pair trades at 0.7980, down 0.94%.
USD/CHF plunges below 0.8000 as weak NFP boosts odds of deeper Fed cuts
The Swiss Franc (CHF) gains ground against the US Dollar (USD) on Friday, with USD/CHF sliding below the 0.8000 psychological mark to touch its lowest level since July 28.
USD/CHF extends its reversal below 0.8040 with US jobs data on focus
The US Dollar is on its back foot amid a brighter market mood on Friday, with investors bracing for a soft US Nonfarm Payrolls report later today to confirm market expectations of a Fed rate cut in September.
USD/CHF holds losses near 0.8050 amid rising Fed rate cut bets, US NFP eyed
USD/CHF retraces its recent gains from the previous session, trading around 0.8050 during the Asian hours on Friday.
USD/CHF Price Forecast: Steady near 0.8050, awaiting NFP data
The USD/CHF remains steady at around the 50-day Simple Moving Average (SMA) of 0.8051, consolidates at around the 0.8050-0.8100 figure for the fourth straight day. At the time of writing, the pair trades at 0.8056 up 0.01%.
USD/CHF nudges up above 0.8050 following soft Swiss CPI data
The US Dollar is crawling higher against a somewhat weaker Swiss Franc, as the unexpected contraction in Switzerland's consumer prices in August feeds speculation that the SNB will cut rates into negative levels over the coming months.The pair is crawling higher from Wednesday's lows at 0.8025, but
USD/CHF consolidates ahead of key Swiss inflation, US employment data
The USD/CHF pair trades in a tight range around 0.8040 during the Asian trading session on Thursday. The Swiss Franc pair consolidates as investors await key Swiss Consumer Price Index (CPI) and United States (US) ADP Employment and ISM Services PMI data for August.
USD/CHF hovers around 0.8050 as traders adopt caution ahead of Fed Beige Book
USD/CHF struggles after two days of gains, trading around 0.8040 during the European hours on Wednesday. The pair receives downward pressure as the US Dollar (USD) faces challenges amid rising odds of the US Federal Reserve (Fed) delivering interest rate cut in September.
USD/CHF trades firmly near 0.8050 as risk-off mood improves US Dollar's appeal
The USD/CHF pair extends its winning streak for the third trading day on Wednesday. The Swiss Franc pair rises to near 0.8050 as the safe-haven demand of the US Dollar (USD) has increased, following a significant surge in long-dated bond yields across the globe.
USD/CHF Price Forecast: Climbs to 0.8050 as risk aversion boosts USD
The USD/CHF advances for the third straight day, up by 0.57% on Tuesday trading at 0.8050 as risk aversion boosted the Greenback. Economic data revealed in the United States (US) was mixed, as business activity in the manufacturing sector showed that growth is slowing down.
USD/CHF drifts higher above 0.8000 as US ISM Manufacturing PMI looms
The USD/CHF pair edges higher to around 0.8015 during the early European session on Tuesday, bolstered by a modest rebound in US Dollar (USD). Nonetheless, potential upside for the pair might be limited amid rising bets of the US Federal Reserve (Fed) rate cut.
USD/CHF trades cautiously near 0.8000 at the start of busy US-data week
The USD/CHF pair trades with caution near 0.8000 during the Asian trading session on Monday. The Swiss France pair struggles to gain ground as investors turn extremely cautious ahead of an array of United States (US) labor market-related data publishing this week.
USD/CHF slides to one-month low as resilient US data fails to lift Greenback
The Swiss Franc (CHF) extends its rally for the fourth consecutive day on Friday, with USD/CHF slipping toward the 0.8000 psychological mark near fresh one-month lows, pressured by a broadly weaker US Dollar (USD) despite resilient US inflation and spending data.
USD/CHF trades slightly higher around 0.8030 ahead of US PCE inflation data
The USD/CHF pair attracts slight bids and rises to near 0.8025 during the European trading session on Friday.
USD/CHF consolidates near support, risks testing July swing lows
USD/CHF consolidates during the North American session yet ends Thursday's session modestly with losses of over 0.09% even though the latest round of economic data in the United States (US) showed that the economy remains solid. At the time of writing, the pair trades at 0.8013.
CHF: Growth cools down, negotiations with the US continue - Commerzbank
Growth figures for the second quarter will be published in Switzerland this morning. The Bloomberg consensus expects weak growth of 0.1% quarter-on-quarter, which would align with the growth adjusted for sporting events reported two weeks ago, Commerzbank's FX analyst Michael Pfister notes.
USD/CHF remains flat, right above 0.8000 after Swiss data
The US Dollar has found some support ahead of the 0.8000 psychological level against the Swiss Franc, after its reversal from 0.8075 highs on Wednesday.
USD/CHF extends the decline to near 0.8000 ahead of Swiss/US GDP releases
The USD/CHF pair extends its downside to around 0.8015 during the Asian trading hours on Thursday. The US Dollar (USD) remains under selling pressure against the Swiss Franc (CHF) due to persistent concerns over the Fed's independence.
USD/CHF Price Forecast: Slips to 0.8020 as safe-haven boosts Franc
USD/CHF extended its downtrend for the second straight day, down 0.16%, trading at 0.8020 after hitting a daily high of 0.8076. A flight to safety has favored the Swiss Franc as the Dollar digest the dovish tilt by the Fed Chair Jerome Powell, who opened the door for adjusting interest rates.
USD/CHF tests intra-week highs at 0.8070 on generalised Dollar strength
The US Dollar is outperforming its rivals on Wednesday, unfazed by US President Trump's attempts to influence the Federal Reserve's decisions.
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