US Dollar Index clings to daily gains above 97. European stocks post modest gains. Coming up: Retail sales and PPI data from the U.S. The USD/CHF pair closed the first day three days of the week in the positive territory and met resistance around 1.0100 handle on Thursday. Ahead of the macroeconomic data releases from the U.S. the pair is trading at 1.0090, staying virtually unchanged on a daily basis. The U.S. Census Bureau today will publish the retail sales data for December, which is expected to show a monthly increase of 0.2%. Moreover, the Bureau of Labor Statistics will release the weekly jobless claims and Producer Price Index (PPI) data. At the moment, the US Dollar Index is staying near the 2-month high that it set at 97.30 earlier today. Meanwhile, the 10-year T-bond yield is looking to snap its 3-day winning streak, suggesting that the DXY could have a difficult time pushing higher even if the data surprises to the upside. On the other hand, markets will be paying close attention to Wall Street’s performance  following yesterday’s impressive rally. The S&P 500 Futures is posting small gains ahead of the opening bell, pointing out to a slightly positive start to the day. The risk perception in the second half of the day could impact the demand for the safe-haven CHF. Technical levels to consider The pair could face the first technical resistance at 1.0100 (Feb. 10 high) ahead of 1.0130 (Nov. 13, 2018, high) and 1.0200 (psychological level). On the downside, supports are located at 1.0075 (daily low), 1.0040 (Feb. 12 low) and 1.0000 (psychological level/parity). FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Deutsche Bank: EU is surrounded by internal & external challenges FX Street 3 years US Dollar Index clings to daily gains above 97. European stocks post modest gains. Coming up: Retail sales and PPI data from the U.S. The USD/CHF pair closed the first day three days of the week in the positive territory and met resistance around 1.0100 handle on Thursday. Ahead of the macroeconomic data releases from the U.S. the pair is trading at 1.0090, staying virtually unchanged on a daily basis. The U.S. Census Bureau today will publish the retail sales data for December, which is expected to show a monthly increase of 0.2%. Moreover, the Bureau of Labor Statistics will… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.