USD/CHF gains ground above 0.8950 as traders brace for US PCE data – FXStreet
The USD/CHF pair is on the rise, surpassing the 0.8950 mark as traders prepare for the release of US PCE data. This data is closely watched by market participants as it provides insight into inflation trends. The pair’s movement reflects the market’s anticipation of this key economic indicator. Traders will be closely monitoring the data to gauge its impact on the USD/CHF pair.