Tag Archives: Franc
USD/CHF Holds Firm as SNB Rate Cut Looms
USD/CHF stays near two-month highs amid Swiss National Bank rate cut expectations and rising Middle Eastern tensions. – vtmarkets.com
Path for a lower dollar as economic data deteriorates
Key points: The US dollar is experiencing downward pressure as recent economic data reveals a series of setbacks. The GDPNow forecast, which provides an early estimate of the US GDP, indicates an observable downturn in Q2 growth. This shift is compounded by April’s CPI and PCE data, which supports a disinflation narrative, suggesting that inflationContinue Reading