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29.06.2020 USD/CHF Daily Analysis

USD/CHF starts new week on a negative note. The USD/CHF pair tried to break above 0.9500 last week but failed to make a daily close there and

Yazar: editor_1

Yayınlanma: 29 Haziran 2020 18:07

Güncellenme: 24 Nisan 2024 23:28

29.06.2020 USD/CHF Daily Analysis

USD/CHF starts new week on a negative note. The USD/CHF pair tried to break above 0.9500 last week but failed to make a daily close there and finished the week in the negative territory. With the greenback struggling to find demand on Monday, the pair continued to edge lower and touched its lowest level in five days at 0.9442. As of writing, the pair was down 0.25% on a daily basis at 0.9455.Although the latest coronavirus figures from the US showed no signs of a slowdown in new infections, the market mood remains relatively upbeat on Monday, keeping the greenback under bearish pressure. As of writing, the US Dollar Index is down 0.35% on a daily basis at 97.15.
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