USD/CHF rallies as US-China Trade Truce Lifts Dollar Sentiment

  • The USD/CHF pair is trading higher, supported by a broad rally in the US Dollar following a significant breakthrough in US-China trade relations. The two countries have agreed to a 90-day pause in their trade war, with the US cutting tariffs on Chinese goods to 30% (from 145%) and China reducing its duties to 10% (from 125%).