USDCHF Plummets to 14 Year Lows Amid US Economic Uncertainty
USDCHF has fallen significantly, marking its third consecutive session of decline, trading at approximately 0.8070 in Tuesday’s Asian session. The pressure on the pair continues as the US Dollar experiences struggles fueled by rising economic and political uncertainty within the United States. Investors flock to safe-haven currencies as they seek protection against market volatility. The ongoing concerns about potential government actions add to the unease, pushing safe-haven demand for currencies like the Swiss Franc.