USD/CHF: Swiss Franc Falls on Lower than Expected June Inflation in Switzerland

<p>USDCHF jumped in European trading on Monday, as inflation in Switzerland fell significantly in June, increasing pressure on franc. Swiss CPI dropped to 1.7% from 2.2% in May and below 1.8% forecast, returning to the SNB’s 0%-2% target zone for the first time since January 2022. Lower inflation made the Swiss franc less attractive, although […]</p>
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