Swiss Franc attempts recovery from around three-month low

Swiss Franc is attempting a recovery from around three-month low. The Swiss Franc has been under stress recently as weaker inflation data from the country pushed the USD/CHF pair towards 0.8100 mark. The Swiss National Bank is hinting at the possibility of future interventions while the US Fed has affirmed a steady interest rate stance in its latest meeting. Franc is also being hurt on generally stable risk appetite and a recent slide in precious metals is also reflecting thin demand for safe-havens right now. The USD/CHF pair is currently quoting at 0.8092, down marginally on the day.

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