The British Pound Had Its Worst Month an A Year. Strategists Anticipate a Further Decline
The British pound had its worst month against the U.S. dollar in a year in September, and experts are not very optimistic for the rest of the year as growth expectations continue to weaken. In September, sterling fell 3.75% against the dollar, which was the largest decline seen since the end of last summer. At […]
The USD/CHF Has Risen Above The 0.9200 Level After The Release Of Swiss CPI Data
During the early European session on Tuesday, the USD/CHF pair gained momentum above the 0.9200 level. The pair’s bullish move was supported by the release of stronger-than-expected US data and weaker-than-anticipated Swiss inflation data. The latest data from the Swiss Federal Statistical Office, published on Tuesday, revealed that the nation’s Consumer Price Index (CPI) for […]