USD/CHF continues its winning streak for the fifth consecutive session, trading around 0.8200 during the European hours on Thursday. The pair holds gains following the release of the interest rate decision by the Swiss National Bank (SNB).
The USD/CHF pair continues to lose ground for the second consecutive day, trading around 0.8170 during the European hours on Thursday. However, the bearish bias is prevailing as the pair moves downwards within the descending channel pattern, indicated by the daily chart’s technical analysis.
The Swiss Franc (CHF) is receiving a slight boost against the US Dollar (USD) during the American session on Wednesday, with a weaker Greenback driving gains.