USD/CHF trade with mild negative bias below 0.8300; downside seems cushioned

To the Swiss franc, the US dollar has lost some value again and costs 0.8296 after 0.8322 Swiss francs in the morning.

USD/CHF Moves Up From Multi-Year Low - FinanceFeeds

Earlier this week, USD/CHF dipped below 0.810—its lowest level since the 2008 financial crisis—driven by so-called safe-haven demand for the Swiss franc amid escalating global trade tensions. However, the pair has since rebounded, climbing above 0.825 following comments by Finance Minister Bessent at the JPMorgan Private Investors Conference. His optimistic outlook on easing trade tensions with China supported the recovery. Technical Outlook The…

USD/CHF trade with mild negative bias below 0.8300; downside seems cushioned

The USD/CHF pair fails to capitalize on a two-day-old recovery from the lowest level since September 2011 and attracts some sellers during the Asian session on Thursday.