USD/CHF Analysis Reveals Bearish Pattern as SNB and FOMC Meetings Approach
On Monday morning, the USD/CHF exchange rate showed little movement as investors shifted their focus to the upcoming decisions from the Swiss National Bank and the Federal Reserve regarding interest rates. In this market, USD/CHF reached a high of 0.8845, hovering above the month’s low of 0.8757. As the market prepares for these significant economic events, trader sentiment remains cautious yet attentive, considering potential volatility in the currency pair. Investors are looking to the SNB and FOMC meetings for hints on future monetary policy direction, which could impact the USD/CHF exchange rate.