EUR/USD 1.16783
0.003%
Gold 4616.86
2.163%
Oil 86.290
0.427%
USD/JPY 158.995
-0.035%
GBP/USD 1.36466
0.123%
GBP/JPY 216.979
0.098%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
The US envoy suggested that Israels airstrikes against Syria might be a deliberate attempt to provoke conflict between Syria and Türkiye.Paramount Pictures and the California State Department are scheduled to hold their first round of talks on August 24 regarding a potential deal involving Warner Bros.On August 23, Israeli Foreign Minister Saar stated in an interview on the 22nd that despite the high tensions between Israel and Turkey due to the Syrian conflict, Israel "has no intention of escalating the conflict with Turkey." Saar said that Israel "always prioritizes" a diplomatic solution and reiterated that Israel does not intend to escalate the confrontation with Turkey. He stated, "We are committed to maintaining the status quo." Saar also clearly stated that Israel will never accept Turkey establishing bases in Syria.Israeli Foreign Minister: We will not accept the deployment of Turkish troops in northern Syria.On August 23, the U.S. State Department announced that the United States will send a delegation to the Third APEC Senior Officials Meeting and Related Meetings (SOM3) in Dalian, China, from August 17 to 28, to continue advancing its "America First" foreign policy, trade, and investment policies. U.S. officials will focus on creating more opportunities for U.S. businesses within the APEC region, particularly in agriculture, energy, transportation, fisheries, health, and food security. Furthermore, the U.S. will lead related activities to advance policies aimed at reducing barriers to service exports and to expand intergovernmental cooperation.

As risk aversion grows as measured by the DXY and as attention turns to the US NFP, USD/CHF goes closer to 0.9600

Alina Haynes

Aug 03, 2022 14:51

 截屏2022-08-03 上午9.47.05.png

 

In reaction to the dismal market environment, the US dollar index (DXY) has gained, and the USD/CHF pair is swiftly approaching the key level of 0.9600. After defending Monday's low around 0.9480, the pair had a greater reverse on Tuesday, as the risk-aversion theme strengthened the attraction of the DXY.

 

Following US House Speaker Nancy Pelosi's travel to Taiwan to support Taiwan's local government despite China's wishes, tensions between the US and China have increased. In reaction to the death threats made against Pelosi during her private travel to Taiwan, the US is anticipated to adopt sanctions against China, which encouraged the gloomy market sentiment.

 

In the meanwhile, the DXY has achieved a three-day high of 106.55, although the gain may wane ahead of Friday's US Nonfarm Payrolls (NFP) data. According to market expectations, the U.S. economy added 250,000 jobs to the labor force in July.

 

During a brief period, a number of significant IT companies in the United States abandoned the hiring process, resulting in payroll statistics that multiplied. If the same thing occurs, the Federal Reserve (Fed) will be compelled to speak less about policy rates.

 

On the Swiss franc front, investors anticipate the release of the Consumer Price Index (CPI) numbers. An early estimate of the annual inflation rate places it at 3.5%, little higher than the prior estimate of 3.4%. As a result, the Swiss National Bank (SNB) will be compelled to boost interest rates.


Suggestion