USD/CHF Remains Subdued Below 0.8200 Due to Increased Safe-Haven Demand

Swiss Franc Balances On The Thin Ice - FinanceFeeds

The FED’s week hasn’t brought any significant change in the markets: the US interest rate was left unchanged, with a projection of two rate cuts for 2025, which means no surprises for now. Jerome Powell had stressed the resilience of the labor market of the US now. The interest rate from BOE was also left unchanged, matching the expectations. While no surprises have been visible from the monetary policy standpoint, the geopolitical situation rem…

Swiss Franc balances on the thin ice

The interesting situation, however, might be building on a Swiss Franc. The SNB had cut interest rates by quarter a point (exactly as anticipated) and brought monetary policy to zero. At the same time, the net position for speculators had reached the peak, indicating the “safe haven” narrative in play. Options for “risk-reversals” (bearish bets for EURCHF) have reached the new minimum, which might point to a local bottom. In combination with the…

USD/CHF operates with negative bias below 0.8200; remains caught in a family range - World Stock Market

The USD/CHF struggles to gain significant traction in mixed fundamental signals. The hard line signal of the SNB and the increase in geopolitical risks support the CHF of safe refuge. The reduction of the most aggressive rate cuts of the Fed supports the USD and cash prices. The USD/ChF torque attracts some sellers near the 0.8200 brand and slides towards the lower end of a range of almost a week during the first part of the European session on …

USD/CHF remains subdued below 0.8200 due to increased safe-haven demand

USD/CHF edges lower after registering gains in the previous session, trading around 0.8170 during the Asian hours on Monday.