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US dollar tumbles further. A technical look at the USDCHF and GBPUSD, the biggest movers.

US dollar tumbles further. A technical look at the USDCHF and GBPUSD, the biggest movers.

The USD is moving to new session lows against all the major currencies.

The dollars declines are the greatest versus the CHF and the GBP (see chart above). The USDCHF is now down close to -1.55%. The greenback is lower by -1.52% against the GBP.

The USDCHF tumble is the largest one-day decline since November 11, 2022 when the pair fell -2.29%.

The GBPUSDs move is its largest rise (lower USD) since December 1, 2022 when it gained 1.648%

USDCHF:

The USDCHFs tumbl... Read More

Posted: Mar 10 2023, 15:24
Author Name: forexlive
Views: 102881

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