Dollar Swiss Franc Breaks Out and the Fed Fueled It

Dollar Swiss franc breakout momentum is confirming a fourth straight weekly advance as Federal Reserve revisions lift the dollar. Michael Boutros, StoneX Media Senior Market Analyst, walks through the weekly, daily and four hour picture on Dollar Swiss and what is driving it. The advance now runs close to 3.9% off the August low, with daily momentum pushing into territory it has not held since June. Boutros also covers the Federal Reserve dot plot revision, what fed funds futures imply for the remaining cuts this year, and why the Swiss National Bank rate decision matters for the pair. Discover Actionable Insights with the latest Market Outlook Reports: https://intel.stonex.com/offer?language=en&campaignId=A908C315-DC62-4F35-AC16-870BB71E84D1&utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_michael_boutros&utm_content=share 00:00 - Dollar Strength Takes Root 00:12 - Weekly Resistance Gives Way 01:08 - Six -Day Rallies Keep Stalling 01:51 - Daily Momentum Pushes Past 70 03:34 - Fed Revisions Fuel the Dollar 04:49 - Swiss National Bank Is Next Like this video? Subscribe and turn on notifications so you don't miss any videos from StoneX: https://www.youtube.com/@stonex_official Visit https://www.stonex.com/en/insights/thought-leadership/?utm_source=youtube&utm_medium=social for insights, perspectives and thought leadership from StoneX's global network of experts. Visit our website: https://www.stonex.com?utm_source=youtube&utm_medium=social #USDCHF #StoneX #MichaelBoutros #Forex