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USD/CHF rises close to 0.8100 due to US-Swiss trade tensions

USD/CHF rises close to 0.8100 due to US-Swiss trade tensions

The USD/CHF is expected to strengthen to around 0.8090 during the early European session on Tuesday. From August 7th, Swiss imports will be subject to a 39% tariff from the US, impacting the Swiss franc significantly. A disappointing US Non-Farm Payroll report has raised speculation that the Federal Reserve may resume rate cuts in September. […]