USDCHF Forex News

U.S. Dollar Drops After Soft PCE Inflation Data

U.S. Dollar Drops After Soft PCE Inflation Data

The U.S. dollar declined against its major counterparts in the New York session on Friday, as a slowdown in PCE inflation for November bolstered the prospect of slower pace of rate cuts by the Federal Reserve next year.
RTTNews | 1 day ago
U.S. Dollar Advances After Strong Economic Data

U.S. Dollar Advances After Strong Economic Data

The U.S. dollar rose against its major counterparts in the New York session on Thursday, as better-than-expected economic data suggested that economy is on solid footing.
RTTNews | 2 days ago
U.S. Dollar Climbs On Fed's Hawkish Tone

U.S. Dollar Climbs On Fed's Hawkish Tone

The U.S. dollar advanced against its major counterparts in the New York session on Wednesday, as the Federal Reserve cut interest rates by a quarter point but indicated fewer rate cuts than previously projected next year.
RTTNews | 3 days ago
Swiss Franc Weakens Against Most Majors

Swiss Franc Weakens Against Most Majors

The Swiss franc declined against its most major counterparts in the New York session on Monday, as investors awaited an expected interest rate cut by the Federal Reserve later this week.
RTTNews | 5 days ago
Dollar Surge on High PPI Reading

Dollar Surge on High PPI Reading

The dollar index (DXY) climbed to a two-week high, reaching the 107.00 mark, following the release of U.S. economic data. While initial unemployment claims rose to 242,000, concerns over a rebounding PPI reading have fueled speculation that the Fed may adopt a more hawkish stance ahead of next week’s monetary policy decision.
PU Prime | 9 days ago
U.S. Dollar Appreciates After Hot PPI Data

U.S. Dollar Appreciates After Hot PPI Data

The U.S. dollar moved up against its most major counterparts in the New York session on Thursday, as producer price inflation increased more than expected in November, supporting expectations that the U.S. central bank will cut rates by 25 basis points next week.
RTTNews | 9 days ago
Swiss Franc Falls On SNB's Surprise Rate Cut

Swiss Franc Falls On SNB's Surprise Rate Cut

The Swiss franc weakened against other major currencies in the European session on Thursday, after the Swiss National Bank reduced its benchmark rate by a sharper-than-expected 50 basis points to curb the strength of the Swiss franc.
RTTNews | 10 days ago
Swiss Franc Drops Amid SNB Rate Cut Speculation

Swiss Franc Drops Amid SNB Rate Cut Speculation

The Swiss franc weakened against other major currencies in the Asian session on Wednesday, as traders speculate that the central bank is likely to reduce its borrowing costs in the policy meeting due Thursday.
RTTNews | 11 days ago