Friday, 3 May 2024

USD/CHF Makes a Temporary Reversal After Swiss Inflation Jumps

by BD Banks

USD/CHF Makes a Temporary Reversal After Swiss Inflation Jumps

Swiss CPI figures released earlier today came out above expectations, at 1.4%, leading to a reversal of some recent losses for the Swiss franc against other currencies. Observing the USD/CHF pair, we notice a significant intraday drop that appears to be an impulsive move down from a new high. Ideally, this trend could drive the […]

The post USD/CHF Makes a Temporary Reversal After Swiss Inflation Jumps appeared first on Action Forex.

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