|Day's range||0.989 - 0.991|
|52-week range||0.9660 - 1.0229|
It’s a busy day ahead on the economic calendar with GDP numbers out of the Eurozone likely to set the tone for Lagarde, who takes over as ECB President.
CHF Solutions' (CHFS) Aquadex system to be used for the outpatient study on heart failure, conducted by James A. Haley Veterans' Hospital and Clinics. The study receives final approval.
Switzerland’s central bank and the SIX stock exchange will study using a central bank digital currency to settle trades of tokenized assets.
Based on the early price action and the current price at 98.890, the direction of the December U.S. Dollar Index the rest of the session on Wednesday is likely to be determined by trader reaction to the pivot at 99.005.
Investing.com -- China throws a party with ICBMs and stealth drones, while Hong Kong burns. Meanwhile, Europe's economy looks ever grimmer and Credit Suisse (SIX:CSGN) clears its CEO of wrongdoing in a spy drama. Here's what you need to know in financial markets on Tuesday, 1st October.
Investing.com - The U.S. dollar steadied on Wednesday, but remained on the defensive following the launch of an impeachment inquiry into President Donald Trump, which added to downside risks in markets.
The SNB left its base rate unchanged while cutting growth and inflation view. In doing so, it said it “remains willing to intervene in the foreign exchange market as necessary.” The BOE surprised no one when it held its policy rate unchanged at 0.75% in a unanimous vote. The BOJ kept monetary policy on hold but hinted at possible action in October.
Investing.com -- Central banks around the world make different responses to the Federal Reserve's rate cut, U.S. stocks are set for a lower opening, and some fresh saber-rattling pushes oil prices back up. Here's what you need to know in financial markets on Thursday, 19th September.
Investing.com -- The Swiss National Bank left its key interest rate unchanged Thursday but took steps to reduce the penalty that banks pay on excess reserves, a week after the European Central Bank took similar action to protect euro zone banks against the harmful side-effects of negative rates. The SNB said the volume of excess reserves that will be remunerated at the penalty rate will be reviewed on a monthly basis.
Investing.com - The safe haven yen and Swiss franc look likely to strengthen when markets open this week amid heightened geopolitical tensions in the Middle East after weekend attacks on Saudi oil plants disrupted global oil supplies.
Investing.com - Oil prices will react when markets open after an attack on a key Saudi production facility, amid uncertainty over how much global supply will be disrupted. Investors are also bracing for another interest rate cut from the Federal Reserve this week, as well as a flurry of rate decisions from other world central banks.
Every investor in Chesterfield Resources plc (LON:CHF) should be aware of the most powerful shareholder groups...
Investing.com -- The dollar was higher against haven currencies and lower against higher-yielders early Friday in Europe, holding gains made Thursday in broad rally in risk assets after signs of robust job creation in the U.S. last month.
Despite an adverse July Trade Balance data release, the Aussie pair bulls continued upliftment for the third day in a row. Meantime, Fiber kept the downtrend intact today.
Today’s USD breather has brought relief to many other currencies earlier under pressure. The euro is recovering, and the bulls’ resolution looks to be put to test shortly as the nearest resistance is at hand.
The AUD/USD pair has breached the upper boundary of the Bollinger Bands, showcasing a demand upsurge on the buyer side. Greenback bears ate the previously accumulated gains today amid downbeat economic data.
Today, the Aussie pair slipped out of the choppy bracket and was heading south. Meantime, the USD/CHF pair was testing the overhead Ichimoku Clouds.
The Fiber was underway to close negative for the third consecutive day this week in order to justify the 2-month-old downtrend channel. Meantime, the Aussie pair continued to remain choppy throughout the day.
Based on the early price action and the current price at 97.815, the direction of the September U.S. Dollar Index on Tuesday is likely to be determined by trader reaction to the pivot at .97.915.
Investing.com - The U.S. dollar was broadly higher on Monday, as optimism over the U.S.-China trade conflicts supported risk sentiment, despite further signs of a slowdown in the U.S. manufacturing sector.
Based on Friday’s price action and the close at 97.530, the direction of the September U.S. Dollar Index on Monday is likely to be determined by trader reaction to the support cluster at 97.545 to 97.510.