Top 5 Market analysis 19 mins well spent USDCHF is moving in a descending channel, and the market has reached the lower high area of the channel USDCHF is moving in a descending channel, and the market has reached the lower high area of the channel USDCHF drifts in tight range as attention shifts to Fed Beige Book report The USD/CHF pair is in the spotlight this week as traders closely watch key economic events and data releases that could influence the currency market. From the upcoming US JOLTS Job Openings report to the Federal Reserve Beige Book and Switzerland’s inflation data, multiple factors are shaping the current sentiment. Let’s break down the latest developments and what they could mean for the USD/CHF trend in the days ahead. The Pressure on the Dollar: Why USD Is Facing Challenges The US Dollar has been showing signs of weakness lately, and one major reason behind this is the market’s growing belief that the Federal Reserve may cut interest rates soon. According t...