USD/CHF trims intraday losses to halt the losing streak, hovering around 0.9050 during the early European session on Wednesday. The pair is receiving
USD/CHF experienced challenges due to the dovish remarks by the Fed. The escalation of the Middle-East conflict could contribute support for the Swiss Franc. Investors await Core PPI and FOMC minutes, seeking fresh impetus on inflation overview in the US. support around the region at the three-week low.
In times of geopolitical uncertainty, safe-haven currencies like the Swiss Franc often attract buying support. The US Dollar Index hovers around 105.80 with a negative bias. The 10-year US Treasury bond yield stands at 4.62% by the press time. Investors await the upcoming economic data, with Wednesday featuring the Producer Price Index following the release of the FOMC meeting minutes and Thursday bringing the Consumer Price Index .
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