The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The USD/CHF pair fell below the 0.7900 level following President Trump's ceasefire announcement, leading to shifts in market risk appetite. However, peace talks between the US and Iran collapsed, raising geopolitical concerns and pushing crude oil prices up by over 8%. Meanwhile, US consumer sentiment dropped, causing inflation expectations to rise to 4.8%.