The USD / CHF pair have reverted to the 0.9900 area an early European session and have recovered much of the previous session lows to one week.
The Swiss Franc was further burdened by the decline in safe haven demand, as demonstrated by a positive rebound in European stocks, as a minor increase in risk sentiment.This combined with a reasonable dollar rebound gave a further boost and helped the pair to increase by about 25 pips.
It'd be impressive now if the pair could leverage the bias or bearish traders see the latest bounce as an chance to shift their focus to major event risks this week– FOMC 's long- awaited monetary policy upgrade and the US- China high- level trade negotiations.
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