United States Baker Hughes US Oil Rig Count dipped from previous 496 to 494

Nov 10, 2023

USD/CHF trying to eke out a small gain after a thin week, closing in on 0.9050

The USD/CHF is on the high side for the week after Federal Reserve (Fed) Chairman Jerome Powell propped up the US Dollar (USD) with hawkish comments, sending broader market sentiment into a tailspin.

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Nov 10, 2023

US Dollar consolidates on Friday but tallies a weekly gain

The US Dollar (USD) showed minimal movement on Friday. The DXY index, which measures the value of the US Dollar versus a basket of global currencies, stood flat at 105.90 as bulls seem to be taking a hiatus.

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