USD/CHF Price Forecast: Remains sluggish near 0.8450 as Fed large rate cut bets surge – FXStreet

The USD/CHF price forecast continues to be sluggish near 0.8450 as bets on a large rate cut by the Fed surge. This has caused uncertainty in the market, leading to a lack of significant movement in the currency pair. Traders are closely monitoring the situation as they anticipate potential changes in interest rates by the Federal Reserve. The USD/CHF pair remains relatively stable at the current level, waiting for more clarity on the Fed’s decision.