USD Recovers Amid Middle East Tensions

USD/CHF trades around 0.8060 on rising risk aversion The US Dollar recovers its daily losses as Middle East tensions boost oil prices and spark inflation concerns. The USD/CHF pair holds ground, trading around 0.8060 during Asian hours. Recent US Consumer P

USD/CHF trades around 0.8060 on rising risk aversion

The US Dollar recovers its daily losses as Middle East tensions boost oil prices and spark inflation concerns.

The USD/CHF pair holds ground, trading around 0.8060 during Asian hours.

Recent US Consumer Price Index data showed a decline to 3.5% in June, reducing concerns of a Fed rate hike.

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