USDCHF Hits Over 11-Year Low as Swiss Data Looms
The USDCHF continues its losing streak, marking the seventh consecutive day of decline. It recently traded at around 0.7920 during the Asian hours on Tuesday, reaching levels not seen since September 2011. Concerns mount as the market anticipates the release of critical economic indicators, including the Real Retail Sales and SVME Purchasing Managers’ Index data from Switzerland. Investors are eager for insights that could impact future monetary policy. Keep an eye on these figures as they may further influence the direction of the USDCHF pair.