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USD/CHF Price Analysis: Cooling Inflation Pours Water on Dollar

USD/CHF Price Analysis: Cooling Inflation Pours Water on Dollar
US inflation came in lower than expected at 7.7%, the smallest rise since January. Markets have now forecasted an 85% possibility of a modest 50 basis-point interest rate increase. The SNB stated that its monetary policy decisions were not based exclusively on its inflation forecast. Today’s USD/CHF price analysis is bearish, fueled by dollar weakness. … Continued The post USD/CHF Price Analysis: Cooling Inflation Pours Water on Dollar appeared first on Forex Crunch... Read More
Posted: Nov 11 2022, 09:07
Author Name: forexcrunch
Views: 110864

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