USDCHF H4

Here's a breakdown of the key factors affecting the pair:

USD Weakness: The USD is under selling pressure, and this could be due to softer economic data and potentially dovish comments from Federal Reserve officials. Higher inflation expectations and upbeat inflation data suggest the possibility of a rate hike by the Federal Reserve. However, any hints of a more accommodative monetary policy from Fed officials could limit the USD's gains.

Geopolitical Tensions: Rising geopolitical tensions in the Middle East, specifically between Israel and Palestine, can have a significant impact on the currency markets. Traditionally, the Swiss Franc is considered a safe-haven currency, and during times of geopolitical uncertainty, investors may seek refuge in assets like the CHF. This can put downward pressure on the USD/CHF pair.

Economic Data: Economic data releases, such as the US Retail Sales and Swiss Trade Balance figures, can also influence the USD/CHF pair. These data points provide insights into the economic performance of the United States and Switzerland, which can affect currency values.

Traders and investors are likely to monitor these factors closely to make trading decisions. It's important to note that the currency exchange rate is influenced by a wide range of factors, including economic indicators, monetary policy, geopolitical events, and market sentiment. Therefore, it's essential to stay updated with the latest news and analysis when trading in the foreign exchange market.