USDCHF is bearish on the long-term outlook. After spending the majority of the day moving sideways in a tight range near 0.9450, the USD/CHF pair turned
USDCHF is bearish on the long-term outlook. After spending the majority of the day moving sideways in a tight range near 0.9450, the USD/CHF pair turned north in the last hour and advanced to a daily high of 0.9474. The pair was up 0.3% on the day at 0.9472. Meanwhile, the Swiss National Bank (SNB) is scheduled to publish its Quarterly Bulletin for the second quarter at the top of the hour as well.