USD/CHF struggles as trade talk uncertainty and stagflation fears weigh on sentiment

  • The USD/CHF pair is navigating a critical juncture as it trades near a key support level, with broader market sentiment clouded by trade talk uncertainties. The US Dollar Index (DXY), which tracks the USD against a basket of six major currencies, has recently pulled back to 100.3000 after hitting a near-month high of 100.8600.