FXStreet · 1 min read

Swiss Franc gains as US Dollar loses post-Jackson Hole momentum

Swiss Franc gains as US Dollar loses post-Jackson Hole momentum

USD/CHF trades with a downside bias on Monday as the US Dollar (USD) struggles to gain traction despite rising Federal Reserve (Fed) interest rate hike expectations and Middle East tensions. At the time of writing, the pair trades around 0.8080, down roughly 0.15% on the day.

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