The USD/CHF pair is experiencing slight losses due to a weaker USD, but is not seeing much continuation in the downtrend as market sentiment leans towards risk-on. The pair is trading modestly lower as the USD is facing some pressure, but the lack of follow-through selling suggests that traders are not fully committing to the downside. The risk-on mood in the market is keeping the pair from dropping further, as investors are showing a preference for riskier assets. The USD/CHF pair remains relatively stable despite the softer USD, with traders keeping a close eye on market developments for any potential shifts in sentiment.