Investors hope the Fed will loosen its policy as the US economy deteriorates. Business activity fell in the US for a fourth consecutive month. Economists expect Fed hikes to drop to 50bps in December. Today’s USD/CHF price analysis is bearish. The safe-haven US dollar weakened versus the Swiss franc on Tuesday in response to indications … Continued
The post USD/CHF Price Analysis: Fed’s Pause Weighing on US Dollar appeared first on Forex Crunch.