- USD/CHF spirals to a weekly low of 0.9074, even as US hiring surges to a robust 336K.
- Greenback’s rally falters, with the DXY index retracting 0.34%, slipping back beneath the pivotal 106.00.
- Market eyes on Fed officials, upcoming meeting minutes, and crucial inflation data to discern future USD/CHF dynamics.
The Swiss Franc (CHF) extended its gains versus the US Dollar (USD) as the pair dropped past the 0.9100 figure, which briefly halted the downward pullback, but selling pressure outpaced buyers struggling to cap the downtrend. The USD/CHF is trading at around 0.9080s, hitting a new weekly low of 0.9074.
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