USDCHF short

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USDCHF shortU.S. Dollar / Swiss FrancFOREXCOM:USDCHFtagasuyoU.S. economic data has softened, dampening expectations for further Federal Reserve rate hikes. This weaker stance for the dollar contrasts with the Swiss franc. Meanwhile, the Swiss National Bank (SNB) remains relatively dovish—or at least credible in maintaining its stance—thereby giving the franc defensive strength