Franc Benefits from Trump Trade. Forecast as of 30.07.2024

The snap election in France has triggered a sell-off in the USDCHF pair. The pair's decline is fueled by the political drama in the US, where Donald Trump may return to the White House. Let's discuss these topics and make a trading plan.Highlights and key points The franc is one of the main beneficiaries of the Trump trade. The SNB may cut the rate against the stronger franc. Weakness in the US and Eurozone economies is fuelling the USDCHF decline. The pair hit the first of two targets at 0