Forex Trading For Beginners 2021: U.S. Treasury currency report says no major trading partners manipulated exchange rates

U.S. Treasury currency report

The U.S. Treasury currency report is out saying that:

no major trading partners manipulated exchange rates to prevent balance of payment adjustments, or gain unfair advantage in trade under 1988 law
Vietnam Taiwan, continue to meet all three manipulation criteria for enhanced engagement under 2015 law
U.S. Treasury reached agreement with Vietnam in July to address concerns
Switzerland no longer meets all three criteria for enhanced analysi
China's failure to publish foreign exchange intervention data lack of transparency make it an outlier among major economies
treasury has raised concerns about China's practices with Chinese counterparts
closely monitoring China's data and policies, concerned about persistent very large and persistent bilateral trade surplus
trade surplus threshold shifted to $15 billion goods and services surplus from $20 billion goods surplus

Meanwhile, the SNB it is out saying that the

it takes note of U.S. Treasury report into currency manipulation and its assessment of the Switzerland
central bank remains in contact with the US authorities to explain Switzerland's economic situation and monetary policy

The USDCHF moved lower on the back of the headline jobs report, but has bounced back higher.

Technically the price moved below its 100 day moving average at 0.91793 after the report, but stalled near the low from Wednesday's trade at 0.91688.

The price has moved back toward its 100 hour moving average at 0.9206.