USD/CHF SOFTENS BELOW 0.8300 AMID US TRADE CONFUSION

USD/CHF SOFTENS BELOW 0.8300 AMID US TRADE CONFUSION
The USD/CHF currency pair has declined below the 0.8300 level, reflecting increased demand for the Swiss Franc (CHF) amid uncertainties in U.S.-China trade relations and persistent geopolitical risks.
The pair has fallen to approximately 0.8270 during the early European session, marking a significant move below the 0.8300 support level.
Ongoing trade-related uncertainties between the U.S. and China, coupled with persistent geopolitical tensions, have bolstered the appeal of the Swiss Franc as a safe-haven currency.
Traders are closely monitoring developments in U.S.-China trade negotiations and geopolitical hotspots, as these factors influence risk sentiment and currency flows.