Swiss Franc Strengthens as Soft US Inflation Weighs on Dollar
USD/CHF halted its four-day winning streak and traded near 0.8140 in Asian hours Friday as softer-than-expected US inflation pressured the dollar.
USDCHF
USD/CHF was trading around 0.8140 during Asian hours on Friday, pausing a four-day run higher. The pair edged lower as the US dollar faced selling pressure following softer-than-expected US inflation data.
The move reflects renewed strength in the Swiss franc against a weaker dollar, with the inflation print weighing on the greenback.
Source: FXStreet Forex News