The USD/CHF pair rebounds to near 0.7685 during the early European session on Friday, bolstered by renewed US Dollar (USD) demand. US President Donald Trump and Senate Democrats struck a deal to avoid a US government shutdown, supporting the Greenback against the Swiss Franc (CHF). Traders will closely monitor the developments surrounding Trump’s Fed Chair pick on Friday. Former Fed Governor Kevin Warsh is increasingly seen as the frontrunner following a reported meeting with Trump at the White House. The Swiss National Bank (SNB) Chairman Martin Schlegel notes that if the CHF continues to appreciate, it could increase pressure on the central bank.