Will the rising U.S. dollar extend its gains on the back of comments from key figures? All eyes are on price movements during U.S. trading hours.
06.03.2026
- Yone-Hammack: Remarks by the President of the Cleveland Federal Reserve Bank
- Housing Prices in Halifax, UK
In yesterday’s U.S. currency trading, the U.S. dollar rose against the Swiss franc. The USD/CHF pair rose from 0.7782 to 0.7837. It moved from below the 20-period moving average (MA) on the hourly chart to above it.On the 4-hour chart, the 200-period EMA is acting as a support level, and prices are rising. On the daily chart, the pair is currently attempting to break above the resistance line just below the 75-period MA. Since the pair has also shown slight upward momentum during today’s Asian trading session, we will be closely monitoring price movements during U.S. trading hours.
European currencies rose, with the euro gaining against the yen after yesterday’s release of January retail sales data for the eurozone showed a year-over-year increase of 2.0%, up from 1.3% the previous month.The euro/yen pair rose from 182.110 to 183.088, rebounding from the -2σ to +2σ levels of the hourly Bollinger Bands. On the 4-hour chart, the pair is attempting to break through the resistance line formed by the 200 EMA, while on the daily chart, prices are rebounding as the 75 MA acts as a support level.
Today’s schedule includes remarks by U.S. Chicago Fed President Goolsbee at 9:00, German manufacturing orders at 16:00, UK Halifax house prices at 16:00, Eurozone Q4 GDP at 19:00,at 22:30, U.S. Employment Report and U.S. Retail Sales; at 24:00, Canada’s Ivey Purchasing Managers’ Index and U.S. Business Inventories; at 24:15, U.S. Daily:Remarks by the President of the San Francisco Fed; U.S. – Remarks by Paulson, President of the Philadelphia Fed; at 25:30, U.S. – Remarks by Schmidt, President of the Kansas City Fed; at 27:20, U.S. – Remarks by Collins,Remarks by the President of the Federal Reserve Bank of Boston, 27:30 (U.S.)・Remarks by Hammack, President of the Federal Reserve Bank of Cleveland, 29:00 (U.S.)・U.S. consumer credit balances are scheduled to be released. We will be watching price movements during U.S. trading hours to see if the rising U.S. dollar will extend its gains on the back of these key figures’ remarks.
