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The USD is the strongest and the CHF is the weakest as the North American session begins

The USD is the strongest and the CHF is the weakest as the North American session begins and ahead of the key US jobs report. Most of the major currencies are bunched together. Apart from the USDCHF, the rest of the major currencies are down less than 0.18% vs the close yesterday and the EUR, GBP, AUD and NZD are all within 0.09%. Yesterday the Bank of England raise rates by 25 basis points. In BOE's Governor Bailey's press conference he said:Anticipates inflation to drop to approximately 7% in... Read More

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Posted: Aug 4 2023, 12:04

Author Name: forexlive

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