(VIANEWS) – USD/CHF (USDCHF) has been up by 1.57% for the last 21 sessions. At 15:06 EST on Thursday, 12 September, USD/CHF (USDCHF) is $0.85.
Usd/chf advances to near 0.8550 due to less likelihood of an aggressive fed rate cut
Additionally, the upside of the USD/CHF pair could be attributed to rising expectations of a smaller interest rate cut by the Fed in September.
USD/CHF’s yearly highs and lows, it’s 2.245% up from its 52-week low and 7.855% down from its 52-week high.
Volatility
USD/CHF’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.15%, a negative 0.06%, and a positive 0.37%, respectively.
USD/CHF’s highest amplitude of average volatility was 0.36% (last week), 0.39% (last month), and 0.37% (last quarter), respectively.
Forex Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, USD/CHF’s Forex is considered to be oversold (<=20).
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