Created
: 2025.10.14
- 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 holds losses below 0.8050, Fed's Powell speech in focus
World FX news
Breaking news
USD/CHF holds losses below 0.8050, Fed's Powell speech in focus
New
2025.10.14 14:18
2025.10.14 14:18
2025.10.14 14:18
- USD/CHF softens near 0.8030 in Tuesday's early European session.
- Economic uncertainty and concerns over the US-China trade war lift the Swiss Franc, a safe-haven currency.
- The Swiss September Producer and Import Prices data and Fed's Powell speech will be the highlights later on Tuesday.
The USD/CHF pair loses ground to around 0.8030 during the early European session on Tuesday. The US Dollar (USD) softens against the Swiss Franc (CHF) amid economic uncertainty and a cautious mood. Traders will keep an eye on the Swiss Producer and Import Prices data for September, along with the Federal Reserve's (Fed) Chair Jerome Powell speech later on Tuesday.
The ongoing US government shutdown raised concerns over the impact on the US economy, which could drag the Greenback lower against the CHF. The US federal shutdown has entered its third week with no resolution in sight. The Senate returns Tuesday and is expected to vote again on a House-passed measure to fund the government.
The US and China on Tuesday will begin charging additional port fees on ocean shipping companies that transport everything from holiday toys to crude oil, turning the high seas into a critical battlefield in the world's two biggest economies' trade war. The US is scheduled to start collecting fees on October 14. Fears of renewed trade tensions between the US and China could boost the safe-haven flows, benefiting the CHF.
The Swiss Producer and Import Prices data for September might offer some hints about inflation in Switzerland and the interest rate path. Barclays and Bloomberg Economics expect the Swiss National Bank (SNB) to lower borrowing costs by a quarter-point to -0.25% at the December meeting.
"The impact of a strong Swiss franc on domestic prices and the hit to growth of higher-than-expected US tariffs are key risks for the SNB," said Jean Dalbard of Bloomberg Economics "We expect the Swiss central bank to cut rates in December if the currency remains strong," added Dalbard.
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
: 2025.10.14
Related articles
GBP: Reeves signals tough budget or plays politics? - MUFG
3 minutes agoChina's top trade negotiator: Hope US would create favorable conditions for cooperation
8 minutes agoEUR/USD may not be able to reach 1.1450 today - UOB Group
19 minutes agoUSD: Shutdown hits new record as focus shifts to Supreme Court - MUFG
21 minutes agoDXY at 100 - squeeze or new uptrend? - DBS
29 minutes agoUSD: December will probably be very important - Commerzbank
35 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
GBP: Reeves signals tough budget or plays politics? - MUFG
The Pound Sterling (GBP) was for much of yesterday the worst performing G10 currency although it ended the day third worst as Gilt yields initially gapped lower on the open before modestly recovering in response to the early morning speech by Chancellor Reeves.
New
2025.11.05 18:54China's top trade negotiator: Hope US would create favorable conditions for cooperation
Following his meeting with the agriculture delegation from the United States (US) on Wednesday, China's top trade negotiator Li Chenggang urged the US to create favorable conditions for cooperation.
New
2025.11.05 18:48EUR/USD may not be able to reach 1.1450 today - UOB Group
Further declines are not ruled out; clear positive divergence suggests EUR may not be able to reach 1.1450 today. In the longer run, EUR is expected to weaken further; the next level to watch is 1.1450, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.11.05 18:38USD: Shutdown hits new record as focus shifts to Supreme Court - MUFG
The US Dollar (USD) advanced to levels above 100 in Dollar Index (DXY) yesterday and EUR/USD broke below the 1.1500-level although the technical breaches of these levels has not as yet triggered any increased momentum for buying.
New
2025.11.05 18:35DXY at 100 - squeeze or new uptrend? - DBS
The Dollar Index (DXY) rebound to late-July's 100 level reflects a confluence of near-term supporting factors - Fed Chair Jerome Powell's pushback on a December rate cut amid tight funding conditions and haven demand as the US government shutdown enters its second month, DBS' Senior FX Strategist Ph
New
2025.11.05 18:27Dow Jones Futures jump as Fed easing hopes boost risk appetite
Dow Jones Index futures are showing minor gains during Wednesday's European morning session as market sentiment remains fragile on concerns about an overvaluation of tech stocks, as markets reassess their expectations of monetary easing by the Federal Reserve.The main Wall Street Indexes are set to
New
2025.11.05 18:27USD: December will probably be very important - Commerzbank
I think that the easing of tensions on the trade front is good for everyone involved. This includes central banks, which may now have the opportunity to set their monetary policy in a somewhat less uncertain environment. I would like to point out one aspect in particular.
New
2025.11.05 18:21USD: Dollar doing well, ADP to determine next move - ING
A more defensive mood has gripped global markets and FX this week.
New
2025.11.05 18:13USD/JPY: Dragged lower by risk-off trades - OCBC
USD/JPY fell amid demand for safe haven proxy, JPY. Pair was last seen at 153.52 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
New
2025.11.05 18:04European Gas prices extend gains as weather risks mount - ING
European Natural Gas prices rose again as colder weather and lower wind generation boosted demand expectations, even as storage levels remain below average and speculative interest stays muted, ING's commodity experts Ewa Manthey and Warren Patterson note.
New
2025.11.05 17:59Disclaimer:
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
