USD/CHF Price Analysis: Maintains position above 0.8850, barrier at nine-day EMA
USD/CHF snaps a three-day losing streak, edging higher near 0.8860 during the European session on Wednesday.
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USD/CHF snaps a three-day losing streak, edging higher near 0.8860 during the European session on Wednesday.
The USD/CHF is continuing to drift lower on Tuesday, heading for 0.8800 as investors gear up for the Federal Reserve's (Fed) latest Meeting Minutes, due at 14:00 EST.
Economists at Citigroup expect the Swiss Franc (CHF) to weaken as the Swiss National Bank (SNB) may have ended its tightening cycle.
During Monday's session, the USD/CHF pair experienced some softening, trading around 0.8840, reflecting mild losses.
USD/CHF hovers around 0.8880 during the Asian session on Friday.