The US Dollar rally against the Swiss franc was capped at 0.7970 on Monday, and the pair retreated to levels right below 0.7945 as market sentiment deteriorated during the European Session, with all eyes on a slew of Fed speakers due later today.
Five Fed Governors are scheduled to give further details about the bank´s monetary policy plans. The main focus will be on the newest member, Stephen Miran, who is expected to delve into the reasons that prompted him to dissent from the committee and vote for a 50 basis points rate cut last week.
These speeches will frame the Chairman Powell's conference, due on Tuesday. The tone of Powell's press release contrasted with the bank's dovish projections and provided a fresh impulse to the US Dollar. Investors will be very attentive to his comments on Tuesday to corroborate their bets on back-to-back rate cuts.
In Switzerland, the main focus is on the SNB's monetary policy decision, due on Thursday. The bank is widely expected to leave its benchmark interest rate at 0%. The market will be eager to know the chances of cutting further into negative territory amid the recent weak macroeconomic data and the uncertainty around the trade relations with the US.
Source: Fxstreet
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...
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 ...
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 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...
The USD/CHF pair demonstrates strength near its over two-week high around 0.8000 during Friday's late Asian session, posted on Thursday. The Swiss Franc pair gained sharply on Thursday as the US Dolla...
Gold prices rebounded after being under pressure in the previous session. This increase occurred as investors sought safe havens amid ongoing global uncertainty. A cautious market ahead of the release of the Federal Reserve minutes has led to...
Geopolitical tensions in Latin America are escalating again, particularly regarding Venezuela and pressure from US policies. This situation has prompted the BRICS countries to take cautious but strategic steps, with a primary focus on maintaining...
The Federal Open Market Committee (FOMC) meeting, which will be held tomorrow morning, is a major focus for global financial markets. Investors are awaiting new guidance from the US central bank regarding the direction of interest rates and future...
Global stocks held near record levels, while silver briefly hit a new peak before breaking its closing high amid quiet holiday trading. Asian stock...
President Donald Trump held a phone call with Russian President Vladimir Putin on Monday to discuss efforts to end the war in Ukraine, according to...
President Donald Trump said the US attacked a facility inside Venezuela, which would be a significant escalation in his campaign against alleged...
Stocks fell on Monday, driven by losses in the technology sector, after the S&P 500 hit a record high last week.
The S&P 500 fell 0.3%,...