{"id":191432,"date":"2023-11-10T23:14:46","date_gmt":"2023-11-10T17:44:46","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=191432"},"modified":"2023-11-10T23:14:46","modified_gmt":"2023-11-10T17:44:46","slug":"usd-chf-trying-to-eke-out-a-small-gain-after-a-thin-week-closing-in-on-0-9050-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/usd-chf-trying-to-eke-out-a-small-gain-after-a-thin-week-closing-in-on-0-9050-crypto-news\/","title":{"rendered":"USD\/CHF trying to eke out a small gain after a thin week, closing in on 0.9050 &#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>The USD\/CHF is seeing a thin bounce for Friday, churning towards 0.9050.<\/strong><\/li>\n<li><strong>The pair is holding steady after falling into the median range near major moving averages.<\/strong><\/li>\n<li><strong>Up Next: On Tuesday, an appearance\u00a0from SNB Chair Thomas Jordan, US CPI inflation.<\/strong><\/li>\n<\/ul>\n<p>The USD\/CHF is on the high side for the week after Federal Reserve (Fed) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/macroeconomics\/central-banks\/fed\">Chairman Jerome Powell<\/a> propped up the US Dollar (USD) with hawkish comments, sending broader market sentiment into a tailspin.<\/p>\n<p>The USD has seen some weakness against the Swiss Franc (CHF) through October and November, and remains down 2.25% from October&#8217;s peak near 0.9245.\u00a0<\/p>\n<p>Coming up next week, early Tuesday sees Swiss National Bank (SNB) Chairman Thomas Jordan will be delivering the opening remarks at the\u00a0Third High-Level Conference on Global Risk, Uncertainty, and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/technical-analysis\/volatility\">Volatility<\/a>, in Zurich.<\/p>\n<p>Later that same day will be US Consumer <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/economic-calendar\/united-states\">Price Index<\/a> (CPI) inflation, and investors will be drawing additional focus to the headline figures after the Fed&#8217;s hawkish showing this week.<\/p>\n<h2 class=\"fxs_headline_medium\">USD\/CHF Technical Outlook<\/h2>\n<p>The USD\/CHF has been cycling around the 200-day Simple Moving Average (SMA) since September, drawing out a constraining range from 0.9100 to 0.8900, but the pair&#8217;s long-term bullish momentum from July&#8217;s bottom near 0.8550 sees the 50-day SMA confirming a bullish cross of the longer moving average.<\/p>\n<p>This week saw a decline into 0.8950 on Monday before the USD recovered into the week&#8217;s midrange, seeing a bullish push on Thursday and holding steady at the top end for Friday.<\/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: The USD\/CHF is seeing a thin bounce for Friday, churning towards 0.9050. The pair is holding steady after falling into the median range near major moving averages. Up Next: On Tuesday, an appearance\u00a0from SNB Chair Thomas Jordan, US CPI inflation. The USD\/CHF is on the high side for the week after Federal Reserve (Fed) [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":15804,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,276,255,250,252,247,253,249,597,256,254],"class_list":["post-191432","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","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\/191432","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=191432"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/191432\/revisions"}],"predecessor-version":[{"id":191433,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/191432\/revisions\/191433"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/15804"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=191432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=191432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=191432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}