USD/CHF stayed in tight range above 0.7923 last week and outlook is unchanged. Overall, corrective pattern from 0.7828 could extend further. On the downside, below 0.7923 will target 0.7877 support. On the upside, though, break of 0.7990 support turned resistance will bring stronger rebound towards 0.8084. In the bigger picture, outlook will stay bearish as […]
The post USD/CHF Weekly Outlook appeared first on ActionForex.
RBA Governor Michele Bullock pushed back against the market’s initial interpretation of a divided board, emphasizing that the 5–4 split in the decision on today’s 25bps hike reflects a debate over “timing” rather than “direction”. Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Unlike a sweater or a pair Read more…
RBA delivered a widely expected 25bps hike to 4.10%, but the real surprise lay in the 5–4 split decision, exposing a deeply divided board. The narrow margin suggests that while policymakers are concerned about inflation, Read more…