Brazil Retail Sales (MoM) below expectations (0.2%) in May: Actual (-0.2%)

Jul 8, 2025

USD/CHF stalls below 0.8000 with trade tariffs hurting risk appetite

The US Dollar recovery from long-term lows, at 0.7870, has stalled on Tuesday right below the 0.8000 psychological level. The pair is trading with moderate losses on Tuesday, moving around the 0.7980 level, with the safe-haven Swiss Franc underpinned by the growing uncertainty about global trade.

US Dollar steadies amid sentiment shifts following Trump's tariff extension

The US Dollar (USD) is treading water on Tuesday, struggling to hold onto Monday’s tariff-driven gains, as market sentiment steadies following an executive order from United States (US) President Donald Trump extending the tariff deadline to August 1 from July 9.