Created
: 2025.08.19
- 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 loses momentum below 0.8100 despite hopes for a Russia-Ukraine peace deal
World FX news
Breaking news
USD/CHF loses momentum below 0.8100 despite hopes for a Russia-Ukraine peace deal
New
2025.08.19 14:41
2025.08.19 14:41
2025.08.19 14:41
- USD/CHF loses traction to around 0.8070 in Tuesday's early European session.
- Hopes for a Russia-Ukraine peace deal might weigh on the Swiss Franc, a safe-haven currency.
- Hot US wholesale prices last month dimmed the prospect of an oversized 50 bps Fed rate cut.
The USD/CHF pair tumbles to near 0.8070 during the early European session on Tuesday. However, the potential downside for the pair might be limited amid optimism of a truce in the conflict between Russia and Ukraine, with US President Donald Trump planning a summit meeting between Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy very soon.
Trump said on Monday that the United States (US) would help guarantee Ukraine's security in any deal to end the war with Russia. The "Coalition of the Willing" of 30 nations reached an agreement to provide security assurances for Ukraine and coordinate actions with the US.
Trump is planning a meeting between Zelenskiy and Putin after a conference with European leaders on Monday. Trump said he discussed the plan with Putin in a call during his negotiations with the European leaders. Optimism surrounding Russia-Ukraine talks could dampen the safe-haven demand and weigh on the Swiss Franc (CHF).
Nonetheless, a jump in US wholesale prices last month and a solid increase in July's Retail Sales figures diminish the odds for a more aggressive policy easing by the Fed, which could underpin the Greenback in the near term. Fed fund futures traders are now pricing in an 83% possibility of a September Fed rate cut, after last week briefly fully pricing in a move, according to the CME FedWatch tool.
Traders will take more cues from the Fed's annual Jackson Hole conference later on Friday, as it might offer some insight about the US economic outlook and interest rate path. Any dovish remarks from Fed officials could drag the USD lower in the near term.
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
: 2025.08.19
Related articles
BoJ is said to see chance of a hike this year despite politics - Bloomberg
4 minutes agoEUR/USD retreats after stalling near 1.1780 resistance - BBH
20 minutes agoUSD/CAD Price Forecast: Stays silent below 1.3800, nine-day EMA
23 minutes agoAUD/USD: Any advance is unlikely to reach 0.6625 - UOB Group
27 minutes agoCHF: SNB seems more tolerant of CHF strength - ING
41 minutes agoUSD mixed ahead of key BLS payroll revisions - BBH
46 minutes ago
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
WTI crude upside attempts fail ahead of the $63.00 area
announced
New
2025.09.09 18:42BoJ is said to see chance of a hike this year despite politics - Bloomberg
Citing people familiar with the matter, Bloomberg reported on Tuesday that the Bank of Japan (BoJ) officials think that it could be possible to hike the benchmark interest rate again this year as economic conditions offset the domestic political instability.
New
2025.09.09 18:39Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data.
New
2025.09.09 18:30EUR/USD retreats after stalling near 1.1780 resistance - BBH
EUR/USD is under pressure as French political uncertainty intensifies.
New
2025.09.09 18:24USD/CAD Price Forecast: Stays silent below 1.3800, nine-day EMA
USD/CAD trades around 1.3800 during the European hours on Tuesday, extending its losses for the second consecutive day. The technical analysis of the daily chart suggests that the pair consolidates within an ascending channel pattern, indicating that market bias is bullish.
New
2025.09.09 18:20AUD/USD: Any advance is unlikely to reach 0.6625 - UOB Group
Strong momentum suggests Australian Dollar (AUD) could continue to rise; with negative divergence forming, any advance is unlikely to reach 0.6625.
New
2025.09.09 18:16CHF: SNB seems more tolerant of CHF strength - ING
In a wide-ranging magazine interview released yesterday, Swiss National Bank Governor Martin Schlegel seemed a little more tolerant of Swiss franc strength, ING's FX analyst Chris Turner notes.
New
2025.09.09 18:02USD mixed ahead of key BLS payroll revisions - BBH
The US Dollar (USD) is trading mixed as investors await the Bureau of Labor Statistics' benchmark revisions, which could slash reported payroll growth by as much as 700k over the past year.
New
2025.09.09 17:57GBP/USD: Major resistance at 1.3595 is likely out of reach - UOB Group
Pound Sterling (GBP) could continue to rise; the major resistance at 1.3595 is likely out of reach. In the longer run, the current price movements are likely part of a broad range between 1.3430 and 1.3595, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.09.09 17:56European Gas prices jump 3.5% on Russia sanction fears - ING
European natural gas prices surged as geopolitical tensions escalated, with TTF futures rising nearly 3.5% amid reports the EU may impose fresh sanctions on Russian banks and energy firms.
New
2025.09.09 17:53Disclaimer:
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
