USD/CHF Price Prediction: Gaining Momentum Near 0.8750 Ahead of Fed
The USD/CHF pair is seeing a resurgence, attracting bids near the three-month low of 0.8750 during European trading hours. This surge follows a rebound in the US dollar as traders await the Federal Reserve’s two-day monetary policy meeting results. With the Fed meeting set for 18:00 GMT, market participants are eager to see how monetary policy will shape currency movements. Understanding these shifts can help forex traders position themselves for potential volatility in the coming days.