USD/CHF Recovers Near 0.8112 as Dollar Index Rebounds Above Key Level
The pair climbs from a one-week low as softer US data reduces Fed rate hike bets, easing dollar support. USD/CHF rose to 0.8112 on Monday after hitting an intraday low of 0.8072, its weakest level in over a week. The rebound followed a recovery in the US Dollar Index (DXY)