Dollar Steadies, CHF Weakness Linked to Interest Rate Expectations
The US Dollar has steadied after its intraday losses, and at the time of writing, USD/CHF trades around 0.8013.
Despite this modest recovery, the pair is still on track to close the week in negative territory.
The Swiss Franc's weakness has been linked to higher interest-rate expectations abroad by SNB Governing Board member Petra Tschudin.