The USD/CHF pair gathers strength to near 0.7890 during the early European session on Monday. A hawkish hold from the US Federal Reserve (Fed) provides some support to the US Dollar (USD) against the Swiss Franc (CHF). Traders will closely monitor the situation in the Middle East.
The Fed voted 11-1 to keep interest rates unchanged in the target range of 3.50% to 3.75% at its March meeting last week. This marks the second consecutive meeting where the US central bank has held rates st