pares intraday losses around 0.9185 but stays pressured amid downbeat options market signals and sluggish markets heading into Monday’s European session. In doing so, the Swiss currency pair portrays the traders’ anxiety ahead of the key Swiss National Bank’s quarterly Bulletin, as well as the Fed’s preferred inflation gauge, namely the Core Personal Consumption Expenditure Price Index.
Not only on the daily basis but the weekly RR also please the pair sellers as it dropped to -0.040 after printing 0.000 figures in the previous week. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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Source: Cointelegraph - 🏆 562. / 51 Read more »