Swiss Franc Strengthens Ahead of Trade Balance Data, USD/CHF Falls to 0.8070
The Swiss Franc gains support ahead of Trade Balance data, pushing USD/CHF lower to around 0.8070 during Asian trading on Monday.
USDCHF
The Swiss Franc (CHF) extended its gains for a second consecutive day, driving USD/CHF lower. The pair traded near 0.8070 during the Asian session on Monday.
The CHF received support as markets awaited the release of Swiss Trade Balance data. The dollar weakened against the franc, reflecting the safe-haven appeal of the Swiss currency.
Source: FXStreet Forex News