USDCHF D1
The US dollar has made a strong fall against most of the world's currencies. This was influenced by the situation in the United States. There are massive protests in the country. The situation with the murder of an African American is being used by Trump's supporters as a tool to overthrow him. Against this background, small and medium-sized businesses were forced to suspend their activities. Of course, in such a situation, the economy cannot work at full capacity and the currency will not show the same firmness as with the full-fledged operation of the economy. US indices rose only thanks to large companies. The same rapid rise in oil, after its collapse, forced the dollar to reduce its price. Switzerland, on the contrary, easily survived the epidemic and strengthened its currency with the help of a strong banking system. But everything has a chapel. Now the dollar has begun to rise from the very bottom. The beginning of the falling oil trend helps him in this. America also invented a vaccine against the corona virus, and against this background, the situation in the United States may stabilize a little. Moreover, the United States is planning to hold elections soon. And the current government needs to show that it is able to cope with such situations.
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