USD/CHF gains ground below 0.8000 ahead of US tariff deadline

  • The USD/CHF pair trades broadly stable around 0.7950 during Asian trading hours on Monday. The Swiss Franc pair wobbles as investors await clarity on the additional import rates, which the United States (US) is prepared to impose on its trading partners that fails to strike a trade deal during the 90-day reciprocal tariff pause, ending July 9.