GBPCHF Wave Analysis

Headline CPI inflation edged higher in May to 2.9% year-on-year (y/y), above expectations for a 2.6% y/y print. The acceleration was led by services, which were up 4.6% y/y, as Canadians were paying up for travel tours (+6.9% y/y) and flights (+4.5% y/y). This continues a trend where Canadians have been increasingly willing to spend […]

The Australian dollar has depreciated against the US dollar recently, as have many other currencies. This should not have material implications for interest rate decisions. Markets are generally thin over the Christmas period, which means there are often big moves in market pricing over the period. This summer was no exception. The US dollar strengthened […]

After two weeks of dollar weakness, the currency market is experiencing a pullback. The Dollar Index DXY is rising after briefly dipping below the 100 level. This level had already attracted buyers on the dips of 18 September but failed to reverse the trend. Since the beginning of 2023, a move towards or through this […]