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USDCHF: USDCHF news today October 18

Long
OANDA:USDCHF   U.S. Dollar / Swiss Franc
Most Asian currencies fell slightly on Tuesday as demand for the dollar remained steady ahead of several key US economic indicators this week, while sentiment also remained at jittery levels. Israel-Hamas war.

Data on US retail sales and industrial production will be released later in the day, while a host of Federal Reserve members will speak this week, most notably Chairman Jerome Powell on Thursday.

The data and addresses are set to provide more signals on the world's largest economy and will be closely watched after a surprise rise in US inflation over the past three months raised concerns of a The Fed is more hawkish.
The data is expected to show a sustained decline in economic growth, as the country's manufacturing and services sectors struggle with a decline in overseas demand.

The debt crisis in the real estate market is also expected to slow economic growth further, although a series of monetary stimulus measures in the past quarter may have helped offset the slump. greater growth reduction.

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