USD/CHF drops back to 0.8600, reversing Friday’s recovery from a multi-year low, as traders seek more clues to defend the US Dollar’s rebound heading into Monday’s European session. That said, a lack of major incentives push traders to reassess the previous day’s corrective bounce, especially amid the mixed US data, sluggish mood and a two-week blackout for Fed policymakers ahead of the July monetary policy meeting.US Dollar Index (DXY) struggles to defend the two-day recovery from the lowest level in 15 months, clings to mild gains near 99.95 by the press time. The greenback’s gauge recovered from a multi-month low after the preliminary reading of the University of Michigan's (UoM) Consumer Confidence Index and Consumer Inflation Expectations for July. Also adding strength to the corrective bounce could be the hawkish comments from Federal Reserve (Fed) Governor Christopher Waller. FXstreet.com