USD/CHF continues to show strength, holding near the 0.7950 level during the Asian trading session on Monday. This upward movement marks the second consecutive day of gains for the currency pair, driven by a robust performance of the US Dollar (USD). The recent shift in market sentiment reflects a decreasing probability of a Federal Reserve interest rate cut occurring in December, which has bolstered the USD against its Swiss counterpart.
As the exchange rate for USD/CHF stabilizes, traders are closely monitoring economic indicators and policy signals that could influence future movements. The fading expectations of a Fed rate cut have provided a solid foundation for the USD, potentially setting the stage for further appreciation. Market participants will likely look for additional data to assess the sustainability of this trend and its impact on the broader forex landscape, particularly against other major currencies like the EUR.
About FX Killer Trader Incubation Program
Want to become a professional trader? FX Killer offers a completely free professional trader training program. We provide systematic courses, practical training, and professional mentorship to help you grow from beginner to full-time trader.
👉 Join Free Training Program | Trading Psychology Assessment
Data Source: FX Killer Analysis Team Updated: 2025-11-17 06:55
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.