USDCHF Fundamental Analysis – 7-June-2024

USD/CHF—The Swiss franc has maintained its position at 0.9 per USD, staying close to its two-month low. This stability comes from recent US data suggesting that the Federal Reserve might start lowering interest rates in September.

Swiss Consumer Prices Up 0.3% in May

Consumer prices increased by 0.3% in Switzerland from April to May 2024. This rise matches the previous month’s increase but falls short of the expected 0.4% rise. Consumer prices are a key indicator of inflation, showing how much more expensive goods and services have become.

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Ethan O. Miller

Ethan O. Miller is a seasoned Forex analyst. His insightful articles offer a unique perspective on currency trends, aiding both novice and experienced traders in navigating the Forex market.

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