USD/CHF extends the losing streak on the second consecutive session, trading lower around 0.9020 during the Asian session on Monday. The uncertainty r
USD/CHF continues to lose ground on the Fed’s interest rate uncertainty. Safe-haven Swiss Franc receives flows due to the risk aversion over Middle-East conflict. The recovery in US bond yields could limit losses of the US Dollar. egarding the Federal Reserve's future decisions on interest rates is contributing to a complex and fluctuating environment for the US Dollar .
Multiple Fed officials signaled a potential delay in a rate hike for November due to the surge in bond yields, causing tightened financial conditions, is acting as a headwind for the USD/CHF pair. The US Dollar faces challenges following the release of the preliminary US Michigan Consumer Sentiment Index for October on Friday, showing a decline to 63.0 from the previous reading of 68.1, falling short of the expected 67.4. The US Dollar Index trades slightly lower around 106.50.
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