USD/CHF Keeps Rising Even as Markets Price In a Fed Hold

The USD/CHF technical outlook shows a six-week rally stalling at long-term resistance as U.S. Treasury yields keep climbing. Michael Boutros, StoneX Media Senior Market Analyst, breaks down USD/CHF across three timeframes and the bond market backdrop. The broader USD/CHF uptrend from the yearly lows remains intact, while an outside daily reversal signals near-term pullback risk. U.S. Treasury yields keep rising even as Fed funds futures price in a Federal Reserve hold, reflecting concern about inflation and the U.S. fiscal situation. FOMC minutes and University of Michigan sentiment data headline the U.S. calendar. 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 - USD/CHF Rally Hits a Wall 01:28 - USD/CHF Uptrend Still Stands 02:20 - Support Flips to Resistance 03:52 - FOMC Minutes Lead U.S. Data 04:05 - Treasury Yields Defy Fed Hold 04:33 - Fiscal Fears Pin Bonds Lower Like and subscribe for more financial market insights. #USDCHF #StoneX #MichaelBoutros #Forex --------- 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