USD/CHF Falls to 0.9000 on Upbeat Sentiment, Eyes US Inflation
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The USD/CHF pair plunged to 0.9010 early Tuesday as positive market sentiment offsets diminished expectations for a June Federal Reserve (Fed) rate cut. Despite recent strong US Nonfarm Payrolls (NFP) data supporting an inflationary outlook, risk-on sentiment prevails. Market Sentiment, Treasury Yields Impact USD The S&P 500’s positive opening reflects increased risk appetite. 10-year US […]