USD CHF Weakens to 0.9025 Area Amid Trade Tensions and Dollar Weakness
The USD CHF pair encounters selling pressure during the Asian trading session on Thursday, snapping a three-day winning streak that peaked at around the 0.9055 area the previous day. Currently, spot prices trade near the lower end of the daily range, around the 0.9025 region, and appear vulnerable to further slides if market dynamics do not shift positively. Rising trade tensions and modest weakness in the US Dollar contribute to the ongoing market conditions. Traders remain cautious about potential developments.