Swiss Franc Gains Strength Against the US Dollar
The Swiss Franc (CHF) continues to gain against the US Dollar (USD), marking its third consecutive day of strong performance. This week kicks off with a cautious global sentiment underpinning demand for this safe-haven currency.
Key factors include robust Swiss GDP figures and softer retail sales data from the US. These elements contribute to a favorable environment for the Franc.
As the situation develops, traders should keep a close watch on how the CHF navigates its relationship with the USD.