The USD is mostly higher vs the major currencies to start the NA session
The article is a broad market wrap centered on a stronger U.S. dollar, with USD/CHF highlighted as the biggest mover. The dollar rose against most major currencies while CAD was the only notable exception. The piece also frames near-term FX direction around upcoming U.S. CPI and employment data, plus Fed messaging that leaves the door open to a September rate hike if inflation stays hot. Risk sentiment is mixed: U.S. stocks are uneven, Treasury yields are higher, and premarket Nasdaq weakness is being driven in part by SanDisk falling about 9% after strong earnings but guidance that failed to meet elevated expectations. In commodities, crude oil and gold are higher, silver is lower, and Bitcoin is down. Overall, the market tone is USD-supportive, with rates, inflation data, and Fed communication the main catalysts.