USD/CHF holds below 0.9050 on Trump tariff confusion – FXStreet
In early European trading on Tuesday, USD/CHF lost momentum to near 0.9040. President Trump's tariff confusion and cautious mood are pushing up the Swiss franc against the US dollar. The Fed's cautious stance may limit the market's downside. USD/CHF is trading weakly around 0.9040 in early European trading on Tuesday. The U.S. dollar (USD) has […]
USD/CHF advances to near 0.8900 as SNB unexpectedly cuts interest rates by 50 bps – FXStreet
The US dollar/Swiss franc pair soared to nearly 0.8900 after the Swiss central bank cut its main borrowing rate by 50 basis points to 0.5%, in response to expectations for a 25 basis point rate cut. Swiss National Bank Governor Schlegel held off on the option of negative interest rates in his previous comments in […]