USD/CHF is experiencing slight fluctuations, currently trading around 0.8220. Traders have adopted a cautious stance ahead of the crucial US Consumer Price Index data. Despite recent gains, the Swiss Franc may encounter challenges due to a decrease in safe-haven demand. The improved risk appetite driven by reduced tariff tensions between the US and China could give the pair a chance to regain momentum. As the market readies for vital data, volatility may increase in the short term.