A Hawkish Fed and a Dovish SNB Are Driving Gains in USDCHF

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USDCHF has strengthened sharply, rising 1.3% this week and more than 3.3% since the start of the month, supported by a stronger US dollar and weaker Swiss franc The Fed’s hawkish tone boosted the dollar, as markets increased expectations for a possible US rate hike after Kevin Warsh emphasized price stability and the fight against […]The post A Hawkish Fed and a Dovish SNB Are Driving Gains in USDCHF appeared first on ActionForex.