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USD/CHF: Primary Obligations

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 7, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The US Fed has indicated its determination to increase its benchmark Fed Funds rate target from 0.00% - 0.25% to 0.25% - 0.50% at the 15-16 December policy assessment meeting. This will mean a strengthening of the USD vs just about every other advanced economy on the planet. Currently, the USD is trading at a virtual parity with the Swiss Franc, 0.9963 Franc per. Hence, the USD will likely gain on the Swiss Franc. This will be a bit of welcome news for the Swiss National Bank, since it just

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