Friday, 12 September 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
USD/CHF Holds Gains Near 0.8150, Holds Near Multi-Year Low On Safe-Haven Demand
Thursday, 17 April 2025 12:10 WIB | USD/CHF |

The USD/CHF pair attempted to recover from recent losses recorded in the previous session, trading around 0.8160 during the Asian trading hours on Thursday (4/17). However, the pair remained close to the 0.8099 mark—its lowest level since September 2011, touched on April 11.

The US dollar (USD) continued to face headwinds as investor uncertainty persisted over the unpredictable nature of US trade and economic policies. In contrast, the Swiss franc (CHF) was supported by safe-haven inflows, further pressuring the USD/CHF pair.

Tensions escalated after US President Donald Trump launched an investigation into potential tariffs on key minerals, widening the trade dispute with China. The investigation covers key sectors such as copper, pharmaceuticals, lumber, and semiconductors, underscoring concerns over limited US domestic production in these industries.

Despite broad-based dollar weakness, the US Dollar Index (DXY) gained slightly, trading near 99.60, supported by strong consumer spending data. US Retail Sales jumped 1.4% in March, beating February's 0.2% increase and market expectations for a 1.3% rise, data showed on Wednesday. Traders now shift their focus to upcoming US data releases, including Building Permits, Housing Starts, Philly Fed Manufacturing Index, and weekly Initial Jobless Claims.

Since the tariff announcement on April 2, the Swiss Franc (CHF) has appreciated more than 7%, emerging as one of the strongest major currencies. Investors have increasingly turned to the Franc as a safe haven asset amid rising global trade tensions and mixed policy signals from the US.

Meanwhile, the sharp appreciation of the CHF has fueled deflationary pressures in Switzerland, prompting speculation that the Swiss National Bank (SNB) may revisit the idea of ​​reintroducing negative interest rates. While the SNB has a history of intervening to curb the franc's strength, it is now acting more cautiously to avoid criticism from Washington. (Newsmaker23)

Source: FXstreet

RELATED NEWS
Swiss Franc gains after weak US PPI...
Thursday, 11 September 2025 04:00 WIB

The Swiss Franc (CHF) strengthens modestly against the US Dollar (USD) on Wednesday, with USD/CHF trimming intraday gains as the Greenback softens after softer-than-expected US Producer Price Index (P...

USD/CHF Hits A Multi-Week Low Of 0.7950 Amid Growing Expectations Of Fed Policy Easing...
Monday, 8 September 2025 17:17 WIB

The US dollar traded lower against the Swiss franc for the second consecutive day on Monday (September 8). A weak payrolls report released on Friday continued to weigh on the US dollar, as investors i...

USD/CHF Edged Higher Above 0.8050 Following Weak Swiss CPI Data ...
Thursday, 4 September 2025 16:13 WIB

The US dollar edged higher against the slightly weaker Swiss franc, as an unexpected contraction in Swiss consumer prices in August fueled speculation that the SNB will cut interest rates to negative ...

USD/CHF Price Forecast: Climbs to 0.8050 as risk aversion boosts USD...
Wednesday, 3 September 2025 06:17 WIB

The USD/CHF advances for the third straight day, up by 0.57% on Tuesday trading at 0.8050 as risk aversion boosted the Greenback. Economic data revealed in the United States (US) was mixed, as busines...

USD/CHF trades cautiously near 0.8000 at the start of busy US-data week...
Monday, 1 September 2025 13:00 WIB

The USD/CHF pair trades with caution near 0.8000 during the Asian trading session on Monday. The Swiss France pair struggles to gain ground as investors turn extremely cautious ahead of an array of Un...

LATEST NEWS
Wall St opens muted after record highs, on track for weekly gains

Wall Street indexes opened subdued on Friday after notching record highs in the previous session, though they remained on track to log gains in a week of economic reports that solidified expectations for interest rate cuts. The Dow Jones...

Poland says Russian drone incursions could not have been a mistake, contradicting Trump

Poland rejected on Friday a suggestion by Donald Trump that Russian drone incursions into its airspace could have been a mistake, a rare contradiction of the U.S. president from one of Washington's closest European allies. Poland, backed by...

Michigan Consumer Sentiment Index Expected to Weaken Further in September

The University of Michigan (UoM) is expected to release the preliminary reading of its monthly Consumer Confidence Index for September on Friday. This survey captures US consumers' views on their personal finances, business conditions, and...

POPULAR NEWS
Fed seen on course for rate cuts after PPI data
Thursday, 11 September 2025 01:30 WIB

The Federal Reserve is likely to start a series of interest-rate cuts next week and keep going through the end of the year, traders bet on Wednesday...

IMF says Fed has scope to lower interest rates
Friday, 12 September 2025 01:38 WIB

The International Monetary Fund on Thursday said the Federal Reserve has scope to lower interest rates because of the weakening U.S. labor market,...

Breaking News: US Annual PPI Inflation Falls to 2.6% in August, Compared to an Expected 3.3%
Wednesday, 10 September 2025 19:39 WIB

Producer inflation in the United States, as measured by the change in the Producer Price Index (PPI), fell to 2.6% annually in August from 3.3% in...

US Nonfarm Payrolls benchmark revision points to 911,000 decrease in March 2025 level of employment
Tuesday, 9 September 2025 21:13 WIB

The US Bureau of Labor Statistics reported on Tuesday that the preliminary estimate of the Current Employment Statistics (CES) national benchmark...