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USD/CHF tumbles to near 0.7650 amid US trade policy uncertainty, Fed independence concerns
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FXStreet Forex & Commodities News
The USD/CHF pair attracts some sellers to around 0.7650 during the early European session on Thursday.
Worries about the Federal Reserve (Fed) independence, concerns over another US government shutdown, and ongoing geopolitical tensions provide some support to the safe-haven currencies such as the Swiss Franc (CHF) against the Greenback.
The Swiss December Trade Balance and US weekly Initial Jobless Claims will be released later in the day.
A partial U.S. government shutdown is increasingly likely this weekend as federal funding for certain agencies is set to expire after January 30.
As widely expected, the Fed on Wednesday decided to leave interest rates unchanged, breaking a streak of three straight rate cuts amid uncertainty over the labor market and inflation.