USD/CHF remains timid around 0.8950 due to investors’ caution ahead of FOMC decision
12.06.2024, 07:20

USD/CHF remains timid around 0.8950 due to investors’ caution ahead of FOMC decision

  • USD/CHF moves sideways ahead of the interest rate decision by the Fed.
  • The Swiss Franc may appreciate due to the hawkish sentiment surrounding the SNB.
  • CME FedWatch Tool suggests the probability of a Fed rate cut in September has decreased to 52%.

USD/CHF moves sideways with low liquidity, trading around 0.8970 during the early European session on Wednesday. The Swiss Franc (CHF) receives support against the US Dollar (USD) as the Swiss National Bank (SNB) is unlikely to implement an interest rate cut in June. Previously, SNB Chairman Thomas J. Jordan warned of minor upside risks to inflation expectations.

Traders are anticipating the SNB Financial Stability Report on Thursday, which will provide an assessment of the banking sector's stability and the financial market infrastructure. Additionally, Producer and Import Prices will also be eyed.

The US Dollar (USD) remains stable ahead of the Federal Reserve’s (Fed) policy decision on Wednesday. The Fed is anticipated to keep interest rates steady in the range of 5.25%-5.50% as it aims to curb inflation toward its 2% target.

The robust US jobs data for May has reduced the odds of the Fed interest rate cut in September. The CME FedWatch Tool indicates that the likelihood of a Fed rate cut in September by at least 25 basis points has decreased to 52%, down from 67% a week earlier.

Investors will also observe key US inflation data, which is expected later in the North American session. The US headline and core CPI figures for May are estimated to show year-over-year increases of 3.4% and 3.5%, respectively.

USD/CHF

Overview
Today last price 0.8975
Today Daily Change -0.0001
Today Daily Change % -0.01
Today daily open 0.8976
 
Trends
Daily SMA20 0.9044
Daily SMA50 0.9075
Daily SMA100 0.8945
Daily SMA200 0.8893
 
Levels
Previous Daily High 0.8993
Previous Daily Low 0.8959
Previous Weekly High 0.9036
Previous Weekly Low 0.8881
Previous Monthly High 0.9225
Previous Monthly Low 0.8988
Daily Fibonacci 38.2% 0.898
Daily Fibonacci 61.8% 0.8972
Daily Pivot Point S1 0.8959
Daily Pivot Point S2 0.8942
Daily Pivot Point S3 0.8924
Daily Pivot Point R1 0.8993
Daily Pivot Point R2 0.9011
Daily Pivot Point R3 0.9028

 

 

© 2000-2024. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik