USD/CHF holds above 0.8200; upside seems limited as focus remains on FOMC meeting

  • The USD/CHF pair struggles to capitalize on a modest Asian session uptick and is currently placed near the lower boundary of its daily range amid subdued US Dollar (USD) price action. Spot prices, however, manage to hold above the 0.8200 mark as traders opt to wait for the outcome of a two-day FOMC monetary policy meeting starting later today.