{"id":166954,"date":"2023-10-03T02:18:14","date_gmt":"2023-10-02T20:48:14","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=166954"},"modified":"2023-10-03T02:18:14","modified_gmt":"2023-10-02T20:48:14","slug":"usd-chf-climbs-back-over-0-9150-as-markets-go-risk-off-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/usd-chf-climbs-back-over-0-9150-as-markets-go-risk-off-crypto-news\/","title":{"rendered":"USD\/CHF climbs back over 0.9150 as markets go risk-off &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<ul>\n<li><strong>USD\/CHF floating back to the top side as Greenback rises on risk aversion.<\/strong><\/li>\n<li><strong>Franc buyers will be looking ahead to Tuesday&#8217;s Swiss CPI reading.<\/strong><\/li>\n<li><strong>Another NFP Friday looms ahead, investors will be positioning early.<\/strong><\/li>\n<\/ul>\n<p>The USD\/CHF sees a Monday rebound after last Friday&#8217;s decline, and broad-market risk flows are seeing investors pile into the US Dollar (USD) ahead of another US <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/macroeconomics\/economic-indicator\/nfp\">Non-Farm Payrolls<\/a> Friday.<\/p>\n<p>US Manufacturing Purchasing Manager Index (PMI) figures on Monday came in mixed, with September&#8217;s Manufacturing PMI printing a healthy 49 versus the expected uptick to 47.7. Upside potential was limited by manufacturing prices, with the ISM manufacturing inflation index declining to 43.8, missing the forecast improvement to 48.6.<\/p>\n<p>Next up on the data docket for the USD\/CHF will be the Swiss Consumer Price Index (CPI), which is slated for Tuesday at 06:30 \u00a0GMT.<\/p>\n<p>Swiss inflation is expected to improve from 1.6% to 1.8%, but momentum heading into the mid-week will be capped off by the US ISM Services PMI printing, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\">forecast<\/a> to decline from\u00a0 54.5 to 53.6. US services inflation data is slated for Wednesday at 14:00 GMT.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/usd-chf-downward-path-will-eventually-resume-ubs-202309290627\">USD\/CHF: Downward path will eventually resume \u2013 UBS<\/a><\/p>\n<h2 class=\"fxs_headline_medium\">USD\/CHF technical outlook<\/h2>\n<p>The USD\/CHF bounded 85 pips from Monday&#8217;s early low to mark in an intraday high just shy of the 0.9200 handle, and the pair is currently softening into the midpoint near 0.9170. The pair remains well-bid above the 200-hour Simple Moving Average near 0.9110, but the near-term ceiling remains last week&#8217;s swing high into 0.9225.<\/p>\n<p>Daily candlesticks see the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/usdchf\">USD\/CHF<\/a> extending above the 200-day SMA near 0.9050, and a bearish confirmation would first have to decisively fall below the 34-day Exponential Moving Average (EMA) which is currently rising into the 0.9000 major handle and set for a bullish cross of the 200-day SMA.<\/p>\n<h2 class=\"fxs_headline_medium\">USD\/CHF daily chart<\/h2>\n<\/p>\n<h2 class=\"fxs_headline_medium\">USD\/CHF technical levels<\/h2>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: USD\/CHF floating back to the top side as Greenback rises on risk aversion. Franc buyers will be looking ahead to Tuesday&#8217;s Swiss CPI reading. Another NFP Friday looms ahead, investors will be positioning early. The USD\/CHF sees a Monday rebound after last Friday&#8217;s decline, and broad-market risk flows are seeing investors pile into the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":13245,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,842,257,276,255,250,252,247,253,249,597,256,254],"class_list":["post-166954","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cpi","tag-cryptocurrency","tag-currencies","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-usdchf","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/166954","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=166954"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/166954\/revisions"}],"predecessor-version":[{"id":166955,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/166954\/revisions\/166955"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/13245"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=166954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=166954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=166954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}