The USD/CHF pair has found support near the 0.8500 level as the US Dollar has started to gain strength ahead of the upcoming Jackson Hole event. The currency pair is currently trading at a comfortable level, with the US Dollar showing signs of edging higher.
Investors are closely watching the developments in the market as they anticipate the impact of the Jackson Hole event on the US Dollar. The event is expected to provide insights into the future monetary policy of the Federal Reserve, which could have a significant impact on the currency markets.
Despite some fluctuations in the market, the USD/CHF pair has managed to find a cushion near the 0.8500 level, providing some stability for traders. As the US Dollar continues to show strength, investors will be closely monitoring the currency pair for any further movements.
Overall, the USD/CHF pair is currently in a comfortable position near the 0.8500 level, with the US Dollar showing signs of gaining strength. Traders will be keeping a close eye on the upcoming Jackson Hole event for any potential impact on the currency markets.