Sagar Dua



Articles by Sagar Dua

USD/CHF Price Forecast: Trades sideways below 0.8850

USD/CHF trades in a tight range below 0.8850 as investors seek fresh Fed interest rate cues. Donald Trump’s economic agenda will be inflationary for the US economy. Investors await flash US S&P Global PMI for November and SNB Schlegel’s speech, which are scheduled for Friday.

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USD/CHF Price Forecast: Corrects to near 0.8630 despite upbeat US Dollar

USD/CHF drops to near 0.8630 even though the US Dollar resumes its upside journey.
The SNB is expected to cut interest rates again in December.
Investors expect the Fed to reduce interest rates gradually.
The USD/CHF pair drops to near 0.8630 from the two-month high of 0.8370 in Monday’s North American session. The Swiss Franc pair corrects even though the US Dollar (USD) rebounds after a mild sell-off on Friday, suggesting sheer strength in the Swiss currency.

Investors have underpinned the Swiss Franc against the Greenback despite the Swiss National Bank (SNB) is expected to cut interest rates again in December. This would be the fourth straight interest rate cut in a row.

The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies,

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NZD/USD slumps from 0.6250 as US Dollar strives to gain ground

NZD/USD drops from 0.6250 as the market sentiment turns cautious.
The US Dollar bounces back ahead of Fed Harker’s policy announcement.
Traders expect the Fed to reduce interest rates further by 75 bps in the remainder of the year.
The NZD/USD pair faces selling pressure above the crucial resistance of 0.6250 in Friday’s North American trading hours. The Kiwi asset drops as the US Dollar (USD) attempts to gain ground above the annual low. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, bounces back from the annual low of 100.20 to near 100.90.

Market sentiment turns cautious as investors shift focus to global PMI data, which will be published on Monday. The S&P 500 opens on a bearish note, indicating a decline in

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USD/CHF tumbles below 0.8600 as US Dollar weakens further

USD/CHF slides below 0.8600 amid weakness in the US Dollar.
Investors want to know how much the Fed will reduce interest rates in September.
Market participants should brace for high volatility amid an eventful US week.
The USD/CHF pair faces an intense sell-off and slides below the round-level support of 0.8600 in Tuesday’s North American session. The Swiss Franc asset plummets as the US Dollar (USD) has declined to a multi-month low as investors seemed to be strongly confident that the Federal Reserve (Fed) will start reducing interest rates from the September meeting.

Market sentiment is favorable for risky assets on Fed potential rate cuts in September. The S&P 500 has opened on a positive note, exhibiting further improvement in investors’ risk appetite. The US

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USD/CHF approaches 0.8700 with US Inflation on horizon

USD/CHF marches toward 0.8700 as safe-haven flows to the Swiss Franc have diminished.
Investors divide over the size of Fed’s interest-rate cuts in September.
Investors await the US PPI and CPI data for July, which will be published at 12:30 GMT and Wednesday, respectively.
The USD/CHF pair gains to near 0.8675 in Tuesday’s European session. The Swiss Franc asset strengthens as the appeal of the Swiss Franc as a safe-haven asset diminishes due to waning risks of the United States (US) entering a recession.

Fears of a potential US recession faded after upbeat weekly Initial Jobless Claims. Also, the think tank discussed that the Nonfarm Payrolls (NFP) data for July was not as bad as exhibited by sheer sell-off in global equities.

Currently, the market sentiment is

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