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USD/CHF Bearish Momentum With A 2% Fall In The Last 21 Sessions

ViaNews Editorial Team

December 7, 2023

USD/CHF Bearish Momentum With A 2% Fall In The Last 21 Sessions

(VIANEWS) - USD/CHF (USDCHF) has been up by 2.77% for the last 21 sessions. At 19:07 EST on Wednesday, 6 December, USD/CHF (USDCHF) is $0.87.

USD/CHF's yearly highs and lows, it's 2.221% up from its 52-week low and 7.383% 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 negative 0.13%, a negative 0.15%, and a positive 0.32%, respectively.

USD/CHF's highest amplitude of average volatility was 0.47% (last week), 0.31% (last month), and 0.32% (last quarter), respectively.

Previous days news about USD/CHF (USDCHF)

  • Usd/chf climbs back over 0.8700 after swiss CPI inflation misses the mark. According to FXStreet on Monday, 4 December, "The USD/CHF has rebounded on Monday, climbing 0.6% and touching 0.8750 as the US Dollar (USD) climbs across the board, fueled by broad-market risk-off flows, and the Swiss Franc (CHF) takes a hit after the Swiss Consumer Price Index (CPI) inflation reading misses the mark.", "Despite Monday's rebound, the USD/CHF remains notable bearish, with the Dollar-Franc pairing coming off the back of three consecutive weeks of declines. "
  • Usd/chf looking for a second consecutive day of gains, clawing towards 0.8800. According to FXStreet on Tuesday, 5 December, "With Tuesday seeing meager gains for the US Dollar, the USD/CHF is set to close with back-to-back meaningful gains since October.", "The USD/CHF saw an accelerated decline after dropping through in 0.8900 handle in November, and the pair has continued to swirl the drain ever since, shedding another 200 pips to hit chart territory near the 0.8700 handle."

More news about USD/CHF (USDCHF).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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