The USD/CHF currency pair surged to two-week highs on Thursday, continuing its upward trajectory for the fifth consecutive day. The exchange rate is propelled by robust US Dollar (USD) strength as traders adopt a cautious stance ahead of the delayed September Nonfarm Payrolls (NFP) report, scheduled for release at 13:30 GMT.
The anticipation surrounding the NFP figures has created a ripple effect across the forex market, influencing trading strategies. With the USD gaining traction against the Swiss Franc (CHF), market participants are closely monitoring how the upcoming labor data could shape future USD performance against other major currencies, including the EUR. The current momentum hints at potential volatility as investors digest the implications of the NFP results.
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Data Source: FX Killer Analysis Team Updated: 2025-11-20 13:29
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.