USD/CHF Continues to Slide, Approaching 0.9050 Ahead of US Inflation Data Release
USD/CHF Continues to Slide, Approaching 0.9050 Ahead of US Inflation Data Release USD/CHF edges lower for the second consecutive session, trading around 0.9060 during the Asian hours on Wednesday. The decline of the USD/CHF pair can be attributed to the weaker US Dollar (USD), as investors shrugged off the higher-than-expected US Producer Price Index (PPI) […]
US Dollar strength weighs on Gold price
US Dollar strength weighs on Gold price Gold is struggling to capitalise on Friday’s modest rise from the $1.970 region and is coming under selling pressure on the first day of the new week. The XAU/USD pair is trading around the $1.977 level during the Asian session, remaining within striking distance of a two-week low […]