Swiss Franc Price Forecast: Parity on the Cards for USD/CHF Ahead of SNB Rates Decision
The Swiss Franc’s rapid decline of late may be in for further weakness ahead of the SNB and Fed rate decisions respectively, while USD/CHF looks to test 1.00.
The Swiss Franc’s rapid decline of late may be in for further weakness ahead of the SNB and Fed rate decisions respectively, while USD/CHF looks to test 1.00.
The U.S. dollar is likely to rise next week if the Fed signals at its June meeting that it will have to raise rates more aggressively in response to broadening inflationary pressures.
Bitcoin prices suffered after US CPI rose to a four-decade high. With fundamentals currently driving price action, the economic calendar remains key for digital assets.
The Australian Dollar has a very healthy economy behind it and the longer the currency stays undervalued, the stronger it gets. Will AUD/USD get a grip?