USD/CHF retreat to 0.9350 amid cautious mood ahead of US inflation – by anilpanchal7 USDCHF Inflation RiskAppetite Fed Currencies
portrays the market’s anxiety ahead of the key US Consumer Price Index , especially when the early signals for the data flash mixed lights.
On Monday, the New York Federal Reserve’s Survey of Consumer Inflation Expectations Survey stated that the 1-year ahead inflation expectations slumped to their lowest level since 2021 and marked the biggest month-to-month decline in November on record.
Also likely to have challenged the USD/CHF traders could be the recently mixed signals from China and Russia. Chinese Foreign Ministry spokesman Wang Wenbin conveyed dislike for the US sanctions on two of their diplomats on Monday. “These illegal sanctions severely affected Sino-American relations,” Wang said as per Reuters.
The market’s indecision favored the benchmark 10-year US Treasury bond yields rose three basis points to 3.61% but Wall Street also closed in greed and tried to challenge the USD/CHF buyers by the end of Monday’s North American session. Moving on, the early signals for the US CPI for November hint at a softer print of 7.3% YoY, versus 7.7% prior figure, while the monthly CPI is likely to ease to 0.3% compared to 0.4% previous readings. It should be noted that the CPI ex Food & Energy appears to be the key and is expected to be unchanged at 0.3% MoM, which can surprise the USD/CHF traders in case of a firmer print.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
USD/CHF auctions on thin ice around 0.9340 as investors await US CPIThe USD/CHF pair has continued its sideways performance, settled on Friday, in the early Tokyo session as investors are awaiting the announcement of t
Leer más »
USD/CHF Price Analysis: 50-HMA probes bulls inside falling wedgeUSD/CHF Price Analysis: 50-HMA probes bulls inside falling wedge – by anilpanchal7 USDCHF Technical Analysis SwingTrading ChartPatterns SupportResistance
Leer más »
USD/CHF Price Analysis: Climbs toward 0.9370s as a double-bottom emergedThe USD/CHF bounces from last week’s lows around 0.9313 and rises toward 0.9350s, due to a slight jump in US Dollar (USD) demand, amidst an optimistic
Leer más »
Austin mayoral runoff election set for TuesdayEarly voting turnout for the runoff election was low and turnout in general for runoff elections are typically low as well.
Leer más »
Spectacular Geminids meteor shower will be visible Tuesday nightExperts say the Geminids will be active all night long and visible until early Wednesday morning.
Leer más »
A Fusion Breakthrough May Be Announced TuesdayIf true, this would be a key turning point in the decades-long quest to produce energy from the same forces that power our sun, and that can do so without the carbon emissions from fossil fuels or the radioactive waste created by nuclear fission.
Leer más »