USD/CHF Retreats Towards 0.8560 Amidst Varied Sentiment And Sluggish U.S. Dollar
The USD/CHF pair has once again slipped towards the 0.8560 level, reversing its recovery from a multi-year low observed on Friday. Traders are now on the lookout for additional cues to bolster the U.S. Dollar’s rebound as the European session commences on Monday. The lack of significant incentives has led traders to reassess the previous […]
El Niño’s Arrival Poses Risks for Commodity Traders
The recent arrival of the El Niño climate pattern has raised concerns among commodity traders, as it has the potential to disrupt the outlook for crucial consumer staples such as sugar, soybeans, rice, and wheat. Experts suggest that the weather phenomenon could lead to significant impacts on global commodity markets, affecting Both supply and demand […]