Saturday, 24 January 2026
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
USD/CHF Strengthens as Investors Brace for US CPI Data
Tuesday, 12 November 2024 13:19 WIB | USD/CHF |SwissFranc

The USD/CHF pair attracted some buyers around 0.8810 during the early European session on Tuesday. A broadly stronger US Dollar (USD) extended some support to the pair. Federal Reserve (Fed) officials Christopher Waller, Thomas Barkin, Neel Kashkari, and Patrick Harker are due to speak later in the day. The US Consumer Price Index (CPI), and Producer Price Index (PPI) will be in the spotlight on Wednesday.

Trump's proposed policies including tax cuts, trade tariffs, and deficit spending could trigger a fresh wave of inflation and could force the US Fed to slow down the pace of interest rate cuts. This, in turn, could support the greenback against the Swiss Franc (CHF).

The US Dollar Index (DXY), which tracks the USD against a basket of six major currencies, rose to a fresh four-month high near 105.70. Traders will turn their attention to the US October CPI inflation data on Wednesday, which may provide some clues on the Fed's future interest rate path.

On the Swiss side, Swiss National Bank (SNB) Vice Chairman Antoine Martin said on Monday that the central bank will not cut interest rates further in December. "There is no point for the central bank to lock itself into a forward-looking communication, because between now and the next decision, there could be a change in conditions that make the current communication invalid," Martin said. Markets expect the SNB to cut at least 25 basis points (bps) from the current 1% level at its next meeting on December 12.

Source: FXStreet

RELATED NEWS
US Dollar Strengthens, USD/CHF Holds Key Area...
Thursday, 22 January 2026 14:14 WIB

The USD/CHF currency pair moved steadily near 0.7950 in late Asian trading on Thursday. This movement continued the recovery that began on Wednesday, after a sharp correction on January 19-20. This s...

USD/CHF Weakens, Global Turmoil and Fed Signals in Focus ...
Tuesday, 30 December 2025 13:12 WIB

The USD/CHF pair fell to around 0.7880 in Asian trading on Tuesday (December 30), reversing the previous two days' gains. This movement came as investors awaited the Swiss Federal Open Market Committe...

USD/CHF Weakens, US Dollar Leads...
Tuesday, 16 December 2025 10:51 WIB

The USD/CHF currency pair fell on December 16, 2025, amid continued US dollar weakness in global markets. The dollar briefly approached a two-month low as investors awaited key economic data from the ...

USD/CHF Suddenly Weakens, What's Behind the Fed? ...
Friday, 5 December 2025 13:16 WIB

The USD/CHF pair weakened to the 0.8030 area at the start of Friday's European session. The US dollar was pressured by strong speculation of a Fed rate cut next week and rumors that White House econom...

USD/CHF struggles to find momentum despite broad Dollar weakness...
Thursday, 2 October 2025 04:56 WIB

USD/CHF continues to trudge its way through familiar technical territory, with price action holding stubbornly just south of the 0.8000 major handle. The Swiss National Bank (SNB) continues to fight b...

LATEST NEWS
Gold Takes a Break, Goldman Sachs Targets $5,400

Gold prices briefly caused a stir after hitting a new record, but then slowed. The main trigger: US President Donald Trump withheld the threat of tariffs on Europe and claimed there was a "framework" for a future agreement on Greenland. This calmer...

Oil Prices Steady, Market Responds Positively After Trump Drops Tariff Threat

Oil prices were little changed in Asian trading on Thursday after US President Donald Trump backed down from a threat to impose tariffs on European countries over Greenland. This decision helped ease geopolitical tensions and improve market...

Japanese Shares Rebound on Tech Boost

The Nikkei 225 Index climbed 1.73% to close at 53,689, while the broader Topix Index rose 0.74% to 3,616 on Thursday, snapping a five-day losing streak as Japanese shares were lifted by a strong rally in chip and artificial intelligence related...

POPULAR NEWS