Select Language

Strong CHF pressures SNB to act - ING

Breaking news

Strong CHF pressures SNB to act - ING

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
New update 2025.07.04 18:38
Strong CHF pressures SNB to act - ING

update 2025.07.04 18:38

The Swiss Franc (CHF) remains strong, ING's FX analyst Chris Turner notes.

EUR/CHF may face intervention near 0.9200

"The Swiss National Bank continues to have its hands tied - seemingly reluctant to take the policy rate negative again and also to undertake large-scale FX intervention in the middle of trade discussions with the US."

"More trade volatility could send USD/CHF and EUR/CHF lower next week. With the strong Swiss franc adding to Switzerland's disinflation problem, it does look like the SNB will have to try and intervene in the 0.9200/9250 area in EUR/CHF after all."


Date

Created

 : 2025.07.04

Update

Last updated

 : 2025.07.04

Related articles


Show more

FXStreet

Financial media

arrow
FXStreet

FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.

Was this article helpful?

We hope you find this article useful. Any comments or suggestions will be greatly appreciated.  
We are also looking for writers with extensive experience in forex and crypto to join us.

please contact us at [email protected].

Thank you for your feedback.
Thank you for your feedback.

Most viewed

Producer of Platinum metals with new forecasts for Platinum and Palladium - Commerzbank

Platinum and Palladium prices came under pressure yesterday and reversed most of the gains from the previous day. The price decline occurred much earlier than for Gold and was certainly not related to this.
New
update2025.07.04 23:08

Brief respite for Gold - Commerzbank

The price of Gold slumped in the wake of stronger-than-expected US employment growth in June, but the losses were limited, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
New
update2025.07.04 22:49

US chip tariffs: Saddled with uncertainty - Standard Chartered

Semiconductors are the fourth most traded good globally and impact a host of consumer goods. Semiconductor supply chain is complex, with different economies dominating different parts. US administration is conducting investigations into semiconductor supply chains; threatening tariffs.
New
update2025.07.04 22:44

USD/CHF ticks down on renewed US tariff threats, fiscal concerns

The Swiss Franc (CHF) is posting modest gains against the US Dollar (USD) on Friday, as renewed fiscal and trade concerns drive demand for safe-haven currencies.
New
update2025.07.04 22:39

EUR/GBP gains as Pound pressured by UK fiscal worries

The Euro (EUR) strengthens against the British Pound (GBP) on Friday, as the Pound remains under pressure amid renewed fiscal concerns and political unease in the United Kingdom.
New
update2025.07.04 22:19

Gold firms as Trump's tax bill, tariff risks fuel safe-haven demand

Gold (XAU/USD) is trading higher on Friday as news about United States (US) President Donald Trump's passage of the "Big, Beautiful, Bill" filters through markets. With markets closed in the US in celebration of Independence Day, XAU/USD is trading above $3,330 at the time of writing.
New
update2025.07.04 21:31

US Dollar struggles as strong NFP fails to offset tariff and fiscal risks

The US Dollar (USD) eases on Friday, drifting lower in holiday-thinned trading and snapping a two-day winning streak.
New
update2025.07.04 21:21

JPY outperforming on risk aversion - Scotiabank

The Japanese Yen (JPY) is strong, up 0.4% against the US Dollar (USD) and outperforming all of the G10 currencies into Friday's NA open, supported by sentiment in an environment of mild risk aversion, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
update2025.07.04 21:14

GBP is trading flat vs. USD - Scotiabank

The Pound Sterling (GBP) is quietly consolidating in a tight range and entering Friday's NA session unchanged the against US Dollar (USD), Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
update2025.07.04 21:12

Gold Price Forecast: XAU/USD trades sideways around $3,335, awaits clarity on tariff policy

Gold price (XAU/USD) trades well inside Thursday's trading range around $3,335 during European trading hours on Friday.
New
update2025.07.04 21:11

Disclaimer:arw

All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.

The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.

  • Facebook
  • Twitter
  • LINE

Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy

I agree
share
Share
Cancel