USD/CHF Stays in Limbo While Key Market Dates Approach
The USD/CHF exchange rate remains confined within a narrow trading range as key market dates approach. Although the USD received a slight boost on Monday due to better-than-expected U.S. PMI data, gains were limited. Furthermore, a dip in U.S. consumer confidence has shown that inflation expectations are rising significantly. This combination leaves the USD/CHF pair uncertain ahead of upcoming market developments. Traders should prepare for potential volatility.