EUR/CHF Bullish Momentum: 0.85% Up In The Last 5 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 0.85% for the last 5 sessions. At 01:06 EST on Thursday, 15 June, EUR/CHF (EURCHF) is $0.98.

EUR/CHF’s yearly highs and lows, it’s 3.659% up from its 52-week low and 6.155% down from its 52-week high.

News about

  • Eur/usd: wait for the FOMC meeting regardless of how the US CPI data turns out – commerzbank. According to FXStreet on Tuesday, 13 June, "Ahead of the Fed meeting tomorrow and the ECB meeting on Thursday the FX trade in EUR/USD has become a bit sluggish. ", "And even then, the last word has not yet been spoken in EUR/USD as what will matter on Thursday is how hawkish the ECB will sound and whether it might provide an indication as to where it expects its terminal rate to be."
  • According to FXStreet on Tuesday, 13 June, "The EUR/USD pair has attracted investors’ attention amid a firmer risk-appetite theme and hopes of a decline in the Federal Reserve (Fed)-European Central Bank (ECB) policy divergence.", "Buyers could show more interest if the EUR/USD manages to sustain comfortably above 1.0800. "
  • Eur/usd climbs past 1.0800 in the wake of US CPI. According to FXStreet on Tuesday, 13 June, "The upside momentum in EUR/USD gathers extra impulse and appears to surpass the 1.0800 hurdle in a more convincing fashion following the release of US inflation figures measured by the CPI."
  • Eur/usd: moderate upside risks if US core CPI comes at 0.4% – ING. According to FXStreet on Tuesday, 13 June, "US CPI numbers and the Fed decisions are what will matter the most for EUR/USD this week, and more generally, US data and the Fed’s future path are what will primarily determine the direction of EUR/USD moving ahead."
  • Eur/usd price analysis: euro bulls dominate past 1.0690 support, inflation holds the key. According to FXStreet on Tuesday, 13 June, "More importantly, a convergence of the 200-EMA and a fortnight-old rising support line, near 1.0690, appears a tough nut to crack for the EUR/USD bears.", "On the flip side, the EUR/USD pair’s pullback remains elusive unless the quote stays beyond the 10-EMA support of around 1.0745. "

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