USD/CHF holds above 0.8400 as traders await Fed’s Powell speech – FXStreet

The USD/CHF pair continues to stay above the 0.8400 level as traders eagerly anticipate a speech from Federal Reserve Chairman Jerome Powell. The currency pair has been holding steady as investors await any hints or clues about the future monetary policy direction from the Fed. Powell’s speech is expected to provide insights into the central bank’s stance on interest rates and economic conditions. Traders are closely monitoring his remarks for any potential impact on the USD/CHF pair.