This Currency Pair Just Hit 0.7980 - Swiss Franc Traders Reveal Why
Key Points
- The USD/CHF is struggling near 0.7980 due to heightened mark...
The USD/CHF is currently trading around 0.7980, and if you're wondering why your dollar suddenly feels less mighty against the Swiss franc, you can thank President Trump's latest tariff threats for turning traders into nervous squirrels hoarding acorns.
The pair tried to flex at the psychological 0.8000 level last week but couldn't hold its ground when safe-haven demand kicked in. Think of it like trying to impress someone at a party just as the fire alarm goes off - timing is everything, and this wasn't it.
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