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The USD/CHF has fallen to a three-month low, what signals is the market releasing?
The USD against the Swiss Franc has weakened again. The USD/CHF has been continuously declining over the past two days, reaching a three-month low, with a daily fall of 0.57%, currently priced at 0.7873.
From a macro perspective, a weakening USD often indicates an increase in risk appetite—during this time, the cryptocurrency market typically reacts. The decline of the USD against the Swiss franc, a traditional safe-haven currency, suggests that market anxiety is easing, and more funds are willing to take on risk. For long traders, this could be a good signal.