USD/CHF pair climbs to two-week high around 0.8045
The USD/CHF pair has prolonged its weekly uptrend for the fourth consecutive day, driven by a firmer US Dollar.
The fundamental backdrop favors bulls, with concerns about inflation risks stemming from volatile oil prices and the US-Iran standoff.
The US Consumer Price Index report, released on Wednesday, showed in-line results, but the initial market reaction faded quickly amid ongoing concerns about inflation risks.