USDCHF Remains Subdued Below 0.8000 Ahead of Key Data
The USD/CHF pair trades subdued around 0.7970 during Monday’s Asian session. For the second consecutive time, it encounters difficulty as the Swiss Franc (CHF) gains support from rising safe-haven demand amidst ongoing global trade tensions. Uncertain tariff discussions add to the market’s cautious nature. Traders are advised to remain vigilant, as upcoming Swiss Producer and Import prices data may influence market dynamics in light of these broader uncertainties. A turnaround may be on the horizon if conditions align favorably for dollar strength.