USD/CHF struggles for clear directions around 0.8780 after posting the first daily loss of the week the previous day. In doing so, the Swiss Franc (CH
Light calendar, cautious mood ahead of next week’s annual Jackson Hole Symposium trigger market’s consolidation.Swiss Industrial Production, risk catalysts eyed for intraday directions.struggles for clear directions around 0.8780 after posting the first daily loss of the week the previous day.
That said, a light calendar and the market’s mixed feelings about the risk appetite also test the USD/CHF momentum traders as the yields retreat but the optimists hesitate to take control.On the other hand, S&P500 Futures rebound from the lowest level since June 27, marked the previous day, while stabilizing near the 4,385-90 zone as it prods the three-day losing streak.
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