USD/CHF fell sharply in the early trading hours of the European session. US Dollar Index remains on the back foot amid falling T-bond yields. Investors await Initial Jobless Claims and JOLTS Job Openings data from US. After spending the Asian session fluctuating in a very tight range around 0.9300, the USD/CAD pair came under strong pressure in the European morning and dropped to its lowest level in a week at 0.9244. As of writing, the pair was losing 0.53% on a daily basis at 0.9246. USD selloff remains intact On Wednesday, the decent demand seen during the 10-year US Treasury note auction in the US triggered a sharp drop in Treasury bond yields and hurt the greenback. The US Dollar Index, which closed the previous two trading days in the negative territory and lost around 0.5% during that span, is currently losing 0.31% at 91.53. Earlier in the day, Reuters reported that USD/CHF’s one-month risk reversals gauge,  the spread between call and put prices, turned positive for the first time since the inception of this data in March 2016. This development suggests that investors are starting to price a bullish outlook in the near term. Later in the session, the US Department of Labor will publish its weekly Initial Jobless Claims data. Additionally, the US Bureau of Labor Statistics will release the January JOLTS Job Openings report. Technical levels to watch for  FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/JPY stages modest rebound, posts small gains above 108.50 FX Street 1 year USD/CHF fell sharply in the early trading hours of the European session. US Dollar Index remains on the back foot amid falling T-bond yields. Investors await Initial Jobless Claims and JOLTS Job Openings data from US. After spending the Asian session fluctuating in a very tight range around 0.9300, the USD/CAD pair came under strong pressure in the European morning and dropped to its lowest level in a week at 0.9244. As of writing, the pair was losing 0.53% on a daily basis at 0.9246. USD selloff remains intact On Wednesday, the decent demand seen during the 10-year US Treasury… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.