USD/CHF reaches 0.8107, a seven-month high
The USD/CHF pair extended its gains for the sixth successive day, reaching a seven-month high of 0.8107 during the Asian hours on Wednesday.
The pair’s rise is attributed to the strengthening of the Greenback on the complex Middle East situation.
This development comes ahead of the ZEW Survey Expectations, which may provide further insight into the market’s direction.