Swiss Franc Technical Analysis: AUD/CHF, NZD/CHF, EUR/CHF Technical Setups
Swiss Franc pairs are on the move as AUD/CHF and NZD/CHF remain on breakout watch. These are the near-term technical levels that matter for AUD/CHF, NZD/CHF, EUR/CHF.
Swiss Franc pairs are on the move as AUD/CHF and NZD/CHF remain on breakout watch. These are the near-term technical levels that matter for AUD/CHF, NZD/CHF, EUR/CHF.
After a weak open, the S&P 500 and Nasdaq 100 reversed losses and moved up, gaining ground for the 4th consecutive day ahead of key earnings that could be pivotal to market sentiment.
The New Zealand Dollar is receiving strong inflows against the US Dollar as traders price in a more aggressive rate hike path for the RBNZ. Chinese FDI data is slated to drop in the coming days.
EUR/USD appears to be on track to test the monthly high (1.1640) despite the rebound in longer-dated US Treasury yields as the RSI recovers from oversold territory.
A decidedly lighter economic calendar has traders watching inflation data and bond markets in the middle of October.
The Canadian Dollar has continued to show strength particularly in pairs like CAD/JPY or EUR/CAD.
Fresh data prints coming out of Canada may curb the recent rebound in USD/CAD as the headline reading for inflation is expected to pick up for the third consecutive month.
The ProShares Bitcoin Futures ETF is expected to launch on the New York Stock Exchange Tuesday and others may follow shortly.
Gold is opening the week in negative territory as the US dollar continues to claw back recent losses.
BoE Governor Bailey Reiterates Need to Act to Curb Inflation, November Meeting Now Live