USD/CHF Holds Gains as Hawkish Fed Outlook Supports Dollar
The Swiss Franc eased against the US Dollar on Tuesday, with USD/CHF trading around 0.8066, as hawkish Federal Reserve expectations outweighed softer US labor data.
USDCHF
The US Dollar held firm against the Swiss Franc on Tuesday, keeping USD/CHF on the front foot for a second consecutive session. The pair was trading near 0.8066 at the time of writing.
Traders balanced softer US labor market data against a hawkish outlook from the Federal Reserve. The mixed signals have kept the US Dollar range-bound, but the dollar's yield advantage continues to support the pair.
Source: FXStreet Forex News