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USD/CHF Slides By 1% In The Last 21 Sessions

(VIANEWS) – USD/CHF (USDCHF) has been up by 1.54% for the last 21 sessions. At 22:08 EST on Wednesday, 11 September, USD/CHF (USDCHF) is $0.85.

USD/CHF’s yearly highs and lows, it’s 2.281% up from its 52-week low and 7.822% 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).

News about

  • According to FXStreet on Wednesday, 11 September, "By the end of the week, the net effect of the presidential debate, US CPI, and the ECB announcement could have sent EUR/USD back to 1.110 in our view.", "A 25bp rate cut is nearly guaranteed, but as discussed in ourECB Cheat Sheet, there is room for EUR/USD to trade higher on the back of a hawkish repricing in front-end EUR rates."
  • Eur/usd edges lower after US CPI data, ecb’s decision looms. According to FXStreet on Wednesday, 11 September, "The EUR/USD is neutrally biased, though it remains above the 1.1000 figure, which is ahead of the ECB’s decision. ", "Another reason that weighed on the EUR/USD was that money market futures traders trimmed their bets for a 50 basis points (bps) Fed rate cut next week, from around 40% to 15%, while 25 bps increased from 66% to 85%."
  • Eur/usd trades around 1.1050 after halting a three-day losing streak, US CPI eyed. According to FXStreet on Wednesday, 11 September, "The upside of the EUR/USD pair is attributed to the subdued US Dollar (USD) ahead of the US Consumer Price Index (CPI) data scheduled to be released later in the North American hours. "
  • According to FXStreet on Tuesday, 10 September, "In the meantime, EUR/USD is treading water ahead of Thursday’s ECB meeting. "
  • Eur/usd dips as German inflation falls, ECB rate cut looms. According to FXStreet on Tuesday, 10 September, "The EUR/USD retreated on Tuesday after the latest inflation report in Germany, which increased the likelihood of another interest rate cut by the European Central Bank (ECB). ", "At the time of writing, the EUR/USD trades at 1.1021, virtually unchanged, as Wednesday’s Asian session begins."

More news about USD/CHF (USDCHF).

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