Created
: 2025.07.15
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
USD/CHF falls to near 0.7950 ahead of US inflation data
World FX news
Breaking news
USD/CHF falls to near 0.7950 ahead of US inflation data
New
2025.07.15 18:20
2025.07.15 18:20
2025.07.15 18:20
- USD/CHF edges lower as traders adopt caution ahead of US CPI data due on Tuesday.
- The US inflation rate is expected to rise to 2.7% year-over-year in June, up from 2.4% recorded in May.
- Switzerland's hotter-than-expected inflation report for June reduces the likelihood of further SNB policy easing.
USD/CHF has retraced its recent gains registered in the previous session, trading around 0.7960 during the European hours on Tuesday. The pair holds losses ahead of June's US Consumer Price Index (CPI) figures due later in the day.
The US inflation report will likely provide new ideas surrounding the Federal Reserve's (Fed) monetary outlook. The US CPI is anticipated to increase by 2.7% year-over-year in June, following the 2.4% rise in May. The monthly CPI is likely to climb by 0.3%, up from 0.1% prior. Meanwhile, Core CPI is likely to increase by 3% YoY, and monthly core inflation may climb to 0.3%, up from 0.1% prior.
The USD/CHF pair faces challenges as the Swiss Franc (CHF) receives support amid increased safe-haven demand, driven by renewed trade tensions. This follows the US President Donald Trump's latest threat to impose "very severe" tariffs on Russia if no peace deal is reached within 50 days. Moreover, Switzerland is still awaiting an official US customs letter; however, a draft trade agreement indicates the country may receive preferential treatment, potentially exempting it from pharma-related tariffs.
The recent Swiss hotter inflation report for June weakens the likelihood of further policy easing by the Swiss National Bank (SNB). SNB officials are expected to keep the interest rate unchanged at 0% in September, with many analysts projecting it will likely stay at that level through 2026.
Swiss Franc FAQs
The Swiss Franc (CHF) is Switzerland's official currency. It is among the top ten most traded currencies globally, reaching volumes that well exceed the size of the Swiss economy. Its value is determined by the broad market sentiment, the country's economic health or action taken by the Swiss National Bank (SNB), among other factors. Between 2011 and 2015, the Swiss Franc was pegged to the Euro (EUR). The peg was abruptly removed, resulting in a more than 20% increase in the Franc's value, causing a turmoil in markets. Even though the peg isn't in force anymore, CHF fortunes tend to be highly correlated with the Euro ones due to the high dependency of the Swiss economy on the neighboring Eurozone.
The Swiss Franc (CHF) is considered a safe-haven asset, or a currency that investors tend to buy in times of market stress. This is due to the perceived status of Switzerland in the world: a stable economy, a strong export sector, big central bank reserves or a longstanding political stance towards neutrality in global conflicts make the country's currency a good choice for investors fleeing from risks. Turbulent times are likely to strengthen CHF value against other currencies that are seen as more risky to invest in.
The Swiss National Bank (SNB) meets four times a year - once every quarter, less than other major central banks - to decide on monetary policy. The bank aims for an annual inflation rate of less than 2%. When inflation is above target or forecasted to be above target in the foreseeable future, the bank will attempt to tame price growth by raising its policy rate. Higher interest rates are generally positive for the Swiss Franc (CHF) as they lead to higher yields, making the country a more attractive place for investors. On the contrary, lower interest rates tend to weaken CHF.
Macroeconomic data releases in Switzerland are key to assessing the state of the economy and can impact the Swiss Franc's (CHF) valuation. The Swiss economy is broadly stable, but any sudden change in economic growth, inflation, current account or the central bank's currency reserves have the potential to trigger moves in CHF. Generally, high economic growth, low unemployment and high confidence are good for CHF. Conversely, if economic data points to weakening momentum, CHF is likely to depreciate.
As a small and open economy, Switzerland is heavily dependent on the health of the neighboring Eurozone economies. The broader European Union is Switzerland's main economic partner and a key political ally, so macroeconomic and monetary policy stability in the Eurozone is essential for Switzerland and, thus, for the Swiss Franc (CHF). With such dependency, some models suggest that the correlation between the fortunes of the Euro (EUR) and the CHF is more than 90%, or close to perfect.
Last updated
: 2025.07.15
Related articles
Silver pulls back below $38.50 as bullish momentum fades on firm US Dollar, CPI data
7 minutes agoCanadian Dollar strengthens as traders digest inflation data from Canada and US
32 minutes agoUS Dollar on cautious footing ahead of CPI data
2025.07.15 20:52EUR/GBP fails to rally beyond 0.8700 despite upbeat Eurozone data
2025.07.15 20:41USD/JPY extends winning streak, US CPI data under spotlight
2025.07.15 20:39JPY consolidating in tight range - Scotiabank
2025.07.15 20:39
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
Silver pulls back below $38.50 as bullish momentum fades on firm US Dollar, CPI data
The price of Silver is attempting to recover from Monday's slump as traders digest fresh economic data from China, the Eurozone, and the United States.
New
2025.07.15 22:33Canadian Dollar strengthens as traders digest inflation data from Canada and US
The Canadian Dollar (CAD) strengthens against the US Dollar (USD) on Tuesday, as traders digest fresh inflation data from both Canada and the United States.
New
2025.07.15 22:08US Dollar on cautious footing ahead of CPI data
The US Dollar (USD) is trading on a slightly softer footing on Tuesday as investors brace for the closely watched US Consumer Price Index (CPI) release. With market participants repositioning ahead of key inflation data, the Greenback is struggling to hold onto its previous day's gains.
New
2025.07.15 20:52Gold steadies near $3,350 as markets eye US CPI and tariff-related inflation risks
Gold (XAU/USD) is holding firm, trading slightly higher in the European session on Tuesday, with buyers stepping in ahead of key US inflation data as tariff concerns resurface.
New
2025.07.15 20:50EUR/GBP fails to rally beyond 0.8700 despite upbeat Eurozone data
The Euro is trading lower against the Pound on Tuesday. The strong German economic sentiment and upbeat Eurozone Industrial Production figures have failed to push the pair above the 0.8700 level.
New
2025.07.15 20:41USD/JPY extends winning streak, US CPI data under spotlight
The USD/JPY pair extends its two-day winning streak on Tuesday, revisits the two-month high around 148.00 during the European session. The pair trades firmly amid trade frictions between the United States (US) and Japan.
New
2025.07.15 20:39JPY consolidating in tight range - Scotiabank
The Japanese Yen (JPY) is flat against the US Dollar (USD) and consolidating in a tight range just above its recent lows, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
2025.07.15 20:39Robust Aluminum production in China - Commerzbank
According to data from the statistics office, Aluminum production in China, the most important producer country, declined slightly in June compared to the previous month, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
New
2025.07.15 20:37GBP is attempting stabilization - Scotiabank
The Pound Sterling (GBP) is up 0.2% against the US Dollar (USD) and a mid-performer among the G10, attempting stabilization in the mid-1.34s following an aggressive pullback from its July 1 multi-year high, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
2025.07.15 20:35EUR supported by broader tone - Scotiabank
The Euro (EUR) is up a modest 0.2% against the US Dollar (USD) and attempting stabilization in the mid/upper-1.16s, supported by an improvement in the broader market's mood, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
2025.07.15 20:33Disclaimer:
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.
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
