USD/CHF Remains Timid Around 0.8950 Due To Investors’ Caution Ahead Of FOMC Decision
June 12, 2024 at 06:07 AM EDT
USD/CHF moves sideways ahead of the interest rate decision by the Fed. The Swiss Franc may appreciate due to the hawkish sentiment surrounding the SNB. CME FedWatch Tool suggests the probability of a Fed rate cut in September has decreased to 52%.
