Select Language

USD/CHF Price Forecast: Extends winning streak for third trading day

Breaking news

USD/CHF Price Forecast: Extends winning streak for third trading day

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
New update 2025.11.18 21:08
USD/CHF Price Forecast: Extends winning streak for third trading day

update 2025.11.18 21:08

  • USD/CHF rises to near 0.7972 as the US Dollar extends its upside.
  • Receding Fed dovish bets for the December meeting have boosted the US Dollar.
  • Swiss Producer and Import Prices declined by 0.3% on month in October.

The USD/CHF pair extends its winning streak for the third trading day on Tuesday. The Swiss Franc pair rises to near 0.7972 as the US Dollar (USD) gains amid receding hopes that the Federal Reserve (Fed) could cut interest rates again this year.

At the time of writing, the US Dollar Index (DXY), which tracks the Greenback's value against six major currencies, rises to near 99.60.

The CME FedWatch tool shows that the probability of the Fed cutting interest rates, in the December meeting, by 25 basis points (bps) to 3.50%-3.75% has diminished to 43% from 62.4% seen a week ago.

Fed dovish bets have trimmed as a majority of policymakers stress the need to exercise caution on further interest rate cuts, citing upside inflation risks. While Fed Governor Christopher Waller continues to support more interest rate cuts to support slowing job demand.

In Switzerland, risks of interest rates turning negative remain high as inflationary pressures continue to stay lower. In October, Inflation at the wholesale level declined at a faster pace of 0.3% month-on-month against a 0.2% drop in September. Economists expect the producer inflation to have risen by 0.1%.

USD/CHF stays below the 200-day Exponential Moving Average (EMA), which trades around 0.8195, suggesting that the overall trend is bearish.

The 14-day Relative Strength Index (RSI) stays inside the 40.00-60.00 range, demonstrating a sideways trend.

Going forward, the pair could slide towards 0.7800 and the late July 2011 low of 0.7580, if it breaks below the September 17 low of 0.7829.

On the flip side, a recovery move by the pair above the August 1 high of 0.8170 will open the room for more upside towards the June 19 high of 0.8215, followed by the June 6 high of 0.8248.

USD/CHF daily chart

 

US Dollar FAQs

The US Dollar (USD) is the official currency of the United States of America, and the 'de facto' currency of a significant number of other countries where it is found in circulation alongside local notes. It is the most heavily traded currency in the world, accounting for over 88% of all global foreign exchange turnover, or an average of $6.6 trillion in transactions per day, according to data from 2022. Following the second world war, the USD took over from the British Pound as the world's reserve currency. For most of its history, the US Dollar was backed by Gold, until the Bretton Woods Agreement in 1971 when the Gold Standard went away.

The most important single factor impacting on the value of the US Dollar is monetary policy, which is shaped by the Federal Reserve (Fed). The Fed has two mandates: to achieve price stability (control inflation) and foster full employment. Its primary tool to achieve these two goals is by adjusting interest rates. When prices are rising too quickly and inflation is above the Fed's 2% target, the Fed will raise rates, which helps the USD value. When inflation falls below 2% or the Unemployment Rate is too high, the Fed may lower interest rates, which weighs on the Greenback.

In extreme situations, the Federal Reserve can also print more Dollars and enact quantitative easing (QE). QE is the process by which the Fed substantially increases the flow of credit in a stuck financial system. It is a non-standard policy measure used when credit has dried up because banks will not lend to each other (out of the fear of counterparty default). It is a last resort when simply lowering interest rates is unlikely to achieve the necessary result. It was the Fed's weapon of choice to combat the credit crunch that occurred during the Great Financial Crisis in 2008. It involves the Fed printing more Dollars and using them to buy US government bonds predominantly from financial institutions. QE usually leads to a weaker US Dollar.

Quantitative tightening (QT) is the reverse process whereby the Federal Reserve stops buying bonds from financial institutions and does not reinvest the principal from the bonds it holds maturing in new purchases. It is usually positive for the US Dollar.


 

 


Date

Created

 : 2025.11.18

Update

Last updated

 : 2025.11.18

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 support@myforex.com.

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

Most viewed

USD/JPY climbs as BoJ dovishness weighs on Yen, US data in focus

USD/JPY trades around 155.40 on Tuesday at the time of writing, up 0.10% on the day and reaching a fresh ten-month high.
New
update2025.11.18 21:51

Gold holds above $4,000 as risk-off mood lifts safe-haven demand

Gold (XAU/USD) steadies on Tuesday as risk-off sentiment across global markets prompts a mild pickup in safe-haven demand. At the time of writing, XAU/USD is trading around $4,040, staging a modest rebound after slipping to $3,998 earlier in the Asian session.
New
update2025.11.18 21:22

USD/CAD holds above key 1.4000 support - BBH

USD/CAD remains above 1.4000 as Canada's core inflation prints persistently above the 2% target, supporting the Bank of Canada's guidance that policy easing may be over. Markets now price steady rates at 2.25% over the next year, limiting further CAD weakness, BBH FX analysts report.
New
update2025.11.18 21:21

USD/CNH: Likely to trade in a range between 7.1020 and 7.1170 - UOB Group

US Dollar (USD) is likely to trade in a range between 7.1020 and 7.1170. If USD breaks above 7.1170, it would mean that the weakness in USD has stabilized, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
update2025.11.18 21:19

AUD/USD bounces toward 0.6500 after 200-DMA test - BBH

AUD/USD bounced back towards 0.6500 after testing support near its 200-day moving average (0.6458). The global equity market correction is weighing on AUD. The RBA Minutes of the November 4 meeting highlighted scenarios that could guide future policy decisions.
New
update2025.11.18 21:15

Finance minister voices concern over Yen volatility - BBH

USD/JPY surged to a 9½-month peak near 155.40 despite warnings from Japan's Finance Minister over excessive yen moves.
New
update2025.11.18 21:12

USD/JPY: Room for USD to test 155.55 - UOB Group

There is room for US Dollar (USD) to test 155.55; it is unclear whether USD can break clearly above this level.
New
update2025.11.18 20:53

USD/CHF Price Forecast: Extends winning streak for third trading day

The USD/CHF pair extends its winning streak for the third trading day on Tuesday. The Swiss Franc pair rises to near 0.7972 as the US Dollar (USD) gains amid receding hopes that the Federal Reserve (Fed) could cut interest rates again this year.
New
update2025.11.18 20:52

Hungary's central bank poised to hold rates at 6.50% - BBH

The National Bank of Hungary is expected to keep its policy rate at 6.50% for a 14th straight meeting, maintaining a hawkish stance as inflation remains above target.
New
update2025.11.18 20:44

USD supported by Fed caution on rate cuts - BBH

US Dollar (USD) is holding on to most of yesterday's gains. Global stocks are selling off with futures pointing to further losses for US equity markets.
New
update2025.11.18 20:22

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