USD/CHF gains momentum above the 0.8800 mark, eyes on the Swiss Trade data, Fed’s Powell
การเงิน USD/CHF gains momentum above the 0.8800 mark, eyes on the Swiss Trade data, Feds Powell 23 วินาทีที่ผ่านมา ข่าว Bitcoin Ethereum USD/CHF surges above the 0.8800 barrier, bolstered by the upbeat US economic data. The Peoples Bank of China (PBOC) would arrange financial support to resolve local government debt worries. Investors will monitor the Swiss Trade data, Federal Reserve (Fed) Chairman Jerome Powell Speaks. The USD/CHF pair hold positive ground around 0.8825 during the early Asian session on Monday. Meanwhile, the US Dollar Index (DXY), a measure of the value of USD against six other major currencies, consolidates its gains around 103.40. Market players will keep an eye on the Swiss Trade data and the annual event at the Jackson Hole Symposium later this week. The upbeat US data last week might convince the Federal Reserve (Fed) to tighten monetary policy further. Nonetheless, the minutes of the FOMC highlighted that inflation remained unacceptably high. The Fed officials see considerable inflationary concerns, and further rate rises may be required to bring inflation to the target. Officials from the Federal Reserve agreed that future rate decisions will be dependent on incoming data, but that they would be more cautious in the coming months. The strong US data and less dovish