Three day up streak to end the week
The USDCHF closed the week on a more bullish note. 
Now on Friday, the high price did stall just ahead of a swing line target at 0.92412 (see red numbered circles) and backed off (helped by the weaker Michigan consumer confidence), and retraced most of the days gains.  However,

Price is down for the 3rd week in a row
The GBPUSD traded to the lowest level since December 2020 this week.  The move lower took the price down for the 3rd week in a row and take the price closer to its 100 week MA at 1.3277.   The 200 week MA is at 1.3164 which

Forex news for North American trade on November 12, 2021:
Markets:
The UMich survey has a spotty recent history but a 10-year low is tough to ignore and it opened the door for a relief rally in the currencies that were beaten up by the dollar this week.

NASDAQ index leads the way
A look at the final numbers shows:

Charges failed for failing to honor House subpoena
The DOJ has filed charges against former Trump White House advisor Steve Bannon for failing to honor a subpoena from the committee investigating the Jan 6 Capitol breach.

Democrats unsure about Manchin on Build Back Better legislation
CNN’s Manu Raju that Democrats are more worried about losing Sen Joe Manchin’s vote in the reconciliation package than Krysten Sinema.

WTI crude oil settles down $0.80 or -0.98%.
The high price for the day reached $81.62. The low extended to $79.78. A week ago, the price closed at $81.17.
For the week the high price extended to $84.97 on Tuesday. The low price for the week was reached today at $79.78. 

Stocks look to recover a little ahead of the weekend
This follows a more mixed showing yesterday and the slight drop in the prior two days, as equities moderate a little following an impressive run since last week.

Gold falls by 0.8% to $1,847 and erases the gains from yesterday
The drop in European morning trade today could be hinting at a reversal of the technical breakout after the US CPI data on Wednesday.

Geopolitical risk something to be wary about ahead of the weekend
The situation here involves thousands of stranded migrants (mostly from the Middle East and Asia), who are hoping to travel on from Poland onto Europe but are now left stranded at the Belarus border crossing.