The Swiss Franc (CHF) has given back previous daily gains against the US Dollar (USD) in a calm trading session on Thursday, as the USD/CHF pair returned above 0.8100, although it remains halfway through the weekly trading range. The Swissie is suffering amid the unfavourable monetary policy divergence between the Swiss National Bank (SNB) and the rest of the major central banks, while the US Dollar remains vulnerable ahead of the release of US inflation figures.
Risk appetite remains subdued on Thursday as Oil prices climb to the feared $100 area, pushing global yields higher and threatening to tip the global economy into recession, as…
Read the full article at FXSTREET.COM
