Core Viewpoint - The USD/CHF exchange rate increased by 0.47% on October 8, closing at 0.8016, but is expected to face short-term pressure due to Fed rate cut expectations [1] Group 1: Exchange Rate Movements - The USD/CHF rate has retreated to around 0.8000, with support levels identified at 0.7970–0.7965 and the monthly low of 0.7920 [1] - Resistance levels are noted at 0.8030 (monthly high) and the range of 0.8050–0.8060, with a potential rebound if these levels are breached [1] Group 2: Federal Reserve Insights - The Fed's dot plot indicates a potential reduction of the federal funds rate to 3.6% by year-end, suggesting two more rate cuts this year [1] - Market expectations for rate cuts in October and December remain strong, with nearly certain probability for this month's meeting and approximately 78.6% for December [1] Group 3: Market Sentiment and Future Outlook - Investors are focused on Jerome Powell's speech at the Washington Community Banking Conference for signals regarding future Fed rate direction, which will directly impact the USD and USD/CHF trends [1] - Overall, while the dollar is under pressure affecting the USD/CHF pullback, attention is needed on Fed communications and key technical level breakthroughs to assess future movements [1]
美元兑瑞郎10月8日上涨0.47% 收于0.8016
Jin Tou Wang·2025-10-09 07:24