Akhtar Faruqui

Articles by Akhtar Faruqui

USD/CHF retraces its recent gains on risk appetite, inches lower to near 0.8730

USD/CHF attempts to recover its recent gains registered in the previous session. The USD/CHF pair edges lower to near 0.8730 during the European hours on Thursday. The improved risk appetite weakened the US Dollar (USD) against the Swiss Franc (CHF). Additionally, the subdued US bond yields are contributing downward pressure to undermining the Greenback.

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