EUR/USD 1.03934
-0.039%
Gold 2861.95
-0.529%
Oil 69.392
-0.772%
USD/JPY 150.346
0.362%
GBP/USD 1.25937
-0.048%
GBP/JPY 189.348
0.323%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On February 28, Mixue Group (02097.HK), the parent company of affordable tea drink "Mixue Ice City", will be listed in Hong Kong next Monday (March 3), and there will be dark trading today. Comprehensively considering the three major dark trading venues, Mixue Groups dark trading rose by more than 20%, ranging from 23.4% to 28%, to 250 to 259 yuan. Among them, the dark trading of Phillip had the largest increase, and one lot (100 shares) made a maximum profit of 5,670 yuan on paper. In the Phillip dark trading venue, Mixue Group opened at 278 yuan, and once rose 40.7% during the session, reaching a high of 285 yuan, with a turnover of 600 million yuan, while the dark trading of Futu and Yaocai had turnover of 690 million yuan and 24.11 million yuan respectively. Mixue Group plans to issue 17.06 million shares, with an offer price of 202.5 yuan, raising 3.45 billion yuan, 100 shares per lot, and an entry fee of 20,454.2 yuan per lot.On February 28, Lingge Technology announced that the main financial data for 2024 showed that the company achieved operating income of 214 million yuan, a year-on-year decrease of 19.36%; the net profit attributable to shareholders of the listed company was a loss of 40.0431 million yuan; the net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was a loss of 44.5898 million yuan.Italys initial monthly CPI rate for February was 0.2%, in line with expectations of 0.20% and the previous value of 0.60%.Italys initial annual CPI rate for February was 1.7%, in line with expectations and the previous value of 1.50%.Italys initial monthly harmonized CPI rate in February was 0.1%, in line with expectations of 0.10%. The previous value was revised from -0.70% to -0.80%.

Price of USD/CHF Nearing New Three-Year High Above 1.0070

Daniel Rogers

Oct 21, 2022 15:09

截屏2022-10-21 上午10.08.56.png 

 

During the Tokyo session, the USD/CHF pair surpassed its immediate barrier at 1.0050 and is set to attempt a three-year high reached on October 13 at 1.0074. The negative market sentiment brought on by late selling in the S&P 500 and rising rates has bolstered the dollar bulls.

 

The 10-year US Treasury yields reached 4.23 percent as a result of a surge in wagers on an anticipated rate hike announcement by the Federal Reserve (Fed). At the time of publication, the US dollar index (DXY) had surpassed the key 113.00 mark.

 

Daily, the asset is trading in a narrow range between 1.0048 and 1.0074 in the direction of the supply zone. The 20-period and 50-period Exponential Moving Averages (EMAs) are vertically aligned to the north, which confirms the upward filters.

 

Similarly, the Relative Strength Index (14) anticipates a move towards the bullish zone between 60.00 and 80.00. A similar scenario will further strengthen the greenback bulls.

 

If the asset surpasses its peak of 1.0074 on October 13, it will reach a fresh three-year high. The predominant trend is toward the round-number resistance level of 1.0100, followed by the 15 April 2019 peak of 1.0160.

 

Alternatively, the bulls of the Swiss franc may regain control if the asset breaches the September 29 low of 0.9742. This would result in the pair reaching a high of 0.9695 on September 19 and a low of 0.9620 on September 22.

Suggestion