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
NZD/USD remains above 0.5900 on dovish Fed outlook, awaits upcoming RBNZ decision
7 minutes agoEUR/GBP steadies above 0.8600 as Trump pushes Ukraine talks
28 minutes agoUSD/CHF loses momentum below 0.8100 despite hopes for a Russia-Ukraine peace deal
2025.08.19 14:40EUR/JPY flat lines above 172.00 mark; bullish potential seem intact
2025.08.19 14:30USD/CAD holds above 100-day SMA; looks to build on strength beyond 1.3800
2025.08.19 13:55India Gold price today: Gold rises, according to FXStreet data
2025.08.19 13:35
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
NZD/USD remains above 0.5900 on dovish Fed outlook, awaits upcoming RBNZ decision
NZD/USD edges higher after recovering its recent losses registered in the previous session, trading around 0.5930 during the early European hours on Tuesday.
New
2025.08.19 16:27EUR/GBP steadies above 0.8600 as Trump pushes Ukraine talks
The EUR/GBP cross trades on a flat note around 0.8635 during the early European session on Tuesday.
New
2025.08.19 16:06Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $62.21 per barrel, down from Monday's close at $62.56.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $65.74 after its previous daily close at $66.10.
New
2025.08.19 15:05USD/CHF loses momentum below 0.8100 despite hopes for a Russia-Ukraine peace deal
The USD/CHF pair tumbles to near 0.8070 during the early European session on Tuesday.
New
2025.08.19 14:40EUR/JPY flat lines above 172.00 mark; bullish potential seem intact
The EUR/JPY cross extends its sideways consolidative price move for the second straight day and remains confined in a narrow band, above the 172.00 mark through the Asian session on Tuesday.
New
2025.08.19 14:30Silver price forecast: XAG/USD breaks below $38.00 as safe-haven demand weakens
Silver price (XAG/USD) remains subdued for the fourth successive session, trading around $38.00 per troy ounce during the Asian hours on Tuesday. Silver prices face challenges amid dampened safe-haven demand, driven by positive signals toward a possible resolution of the Ukraine-Russia war.
New
2025.08.19 13:58USD/CAD holds above 100-day SMA; looks to build on strength beyond 1.3800
The USD/CAD pair climbs back above the 1.3800 mark during the Asian session on Tuesday, though it lacks bullish conviction and remains below an over two-week high touched the previous day.
New
2025.08.19 13:55India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Tuesday, according to data compiled by FXStreet.
New
2025.08.19 13:35GBP/USD softens to near 1.3500 as traders pare bets on Fed rate cut
The GBP/USD pair trades on a softer note near 1.3500 during the early European session on Tuesday. The US Dollar (USD) posts modest gains against the Pound Sterling (GBP) as traders pared bets on a rate cut at the US Federal Reserve (Fed) September 16-17 meeting.
New
2025.08.19 13:33Gold lacks bullish conviction amid reduced Fed rate-cut bets and peace hopes
Gold (XAU/USD) attracts some dip-buying during the Asian session on Tuesday and moves away from an over two-week low touched the previous day.
New
2025.08.19 13:15Disclaimer:
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
