USD/CHF Depreciates To Near 0.8650, Downside Risk Seems Restrained Due To Higher US Yields
October 22, 2024 at 08:47 AM EDT
USD/CHF may regain its ground as US Treasury yields continue to surge. CME FedWatch Tool suggests an 86.9% chance of the Fed’s 25-basis-point rate cut in November, with expecting no bumper cut.
