Traders it waiting the next shove with momentum (hopefully). The USDCHF today has been ping-pong been mostly between its 100 hour moving average below at 0.90523 and 200 day moving average above at 0.9073. There has been some small peeks above and below the levels, but not by much. The current price trade at 0.9066.
China’s Senior Policy Advisor: PBOC rate cuts the best growth path
Interest rate cuts are needed to combat weak domestic demand in China, MNI reports, citing comments from Zhang Bin, Deputy Director of the Institute o