Interest Rate Differential

USD/CHF remains supported near the 0.81 area as traders continue to watch the interest rate gap between America and Switzerland. Technical traders are focused on 0.80 support, the recent Golden Cross, and a potential move above 0.82 that could put 0.85 in view.

USD/MXN is trying to stabilize after an early pullback, with the 50-day EMA acting as a short-term floor for the pair. Traders are watching 17.75 as a potential breakout threshold and 17.20 as the next downside level if support fails.