USD CHF Remains Under Pressure as Dollar Weakens
USD CHF continues to hover near the 0.8950 mark, showing pressure due to a weaker US Dollar. This decline has persisted for four consecutive sessions influenced by disappointing economic data. Key factors include last week’s Jobless Claims and the S&P Global Purchasing Managers Index results. Traders should remain vigilant as movements near this level could indicate potential opportunities for profit as they evaluate market conditions.