- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- USD/CHF adds to previous day's SNB-inspired heavy losses, drops to two-week low
USD/CHF adds to previous day's SNB-inspired heavy losses, drops to two-week low
- USD/CHF witnessed selling for the third straight day and dropped to a two-week low on Friday.
- The SNB’s surprise 50 bps rate hike continued underpinning the CHF and exerted some pressure.
- Bulls seemed rather unaffected by a goodish pickup in the USD demand and the risk-on impulse.
The USD/CHF pair met with a fresh supply near the 0.9710 area on Friday and dropped to a two-week low during the mid-European session. The pair was last seen trading around the 0.9630 region, down 0.35% for the day.
The Swiss National Bank (SNB) joined other major central banks in tightening the monetary policy and delivered a surprise interest rate hike of 50 bps on Thursday. In the accompanying policy statement, the SNB left the door open for further rate hikes to counter rising inflationary pressures, which continued lending support to the Swiss franc. This, in turn, was seen as a key factor that exerted downward pressure on the USD/CHF pair for the third successive day.
The ongoing decline seemed rather unaffected by the emergence of fresh buying around the US dollar, bolstered by expectations that the Fed would stick to its policy tightening path to curb soaring inflation. Even the risk-on impulse, which tends to drive flows away from the safe-haven CHF, failed to lend any support to the USD/CHF pair. With the latest leg down, spot prices have now retreated 430 pips from the vicinity of the YTD high, around the 1.0050 region touched on Wednesday.
Some follow-through selling below the 0.9600 round-figure mark would be seen as a fresh trigger for bearish traders and set the stage for additional near-term losses for the USD/CHF pair. Market participants now look forward to the US economic docket, featuring Industrial Production and Capacity Utilization Rate. This, along with the USD price dynamics and the broader market risk sentiment, might provide some meaningful trading impetus to the USD/CHF pair ahead of an extended weekend in the US.
Technical levels to watch
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
