Soft Swiss inflation and manufacturing figures weigh on the Franc, lifting USD/CHF to near 0.8090 in early European trading.
USD/CHF climbed to 0.8090 in European trading Monday, extending gains for a second day. The Swiss Franc (CHF) weakened after softer-than-expected domestic inflation and manufacturing data reduced support for the currency.
The pair has advanced amid subdued economic indicators from Switzerland, contrasting with broader market trends. Prior sessions saw limited movement, but recent data releases have shifted sentiment, reinforcing the Franc’s decline.
Trading activity suggests investors are recalibrating positions in response to the weaker economic prints, though no immediate market reaction was specified.