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.
Fed's Daly: Inflation pop was expected
Daly on CNBC Here are the Fed inflation projections from March and December. Show me where high inflation was 'expected'. They're up to 3.1-3.5% on the central tendency now. How much higher to come?