USD CHF

Over the last two trading sessions, USD/CHF has shown a variation of just 0.4%, reflecting a clear neutral bias after the Swiss National Bank (SNB) rate decision.

USD/CHF may face increased volatility as the Swiss National Bank (SNB) is expected to deliver another 25bp rate-cut.

US Dollar is poised to mark a three-day winning streak with USD/CHF rebounding off technical support. Battle lines drawn on the short-term charts into the Fed / SNB.

Deflation, a surging franc, and limited meeting windows all point to the SNB potentially doing more than markets expect this week—could a return to negative rates be the shock that jolts USD/CHF from recent lows?

Traders ramped up bearish bets on the US dollar, pushing net-short exposure to record levels. Meanwhile, AUD saw renewed short interest, while CAD and EUR gained favour among large speculators.

The Japanese yen and Swiss franc outperformed on Thursday as rising geopolitical tensions drove safe-haven flows, weighing on USD/JPY and supporting further downside risk.

USD/CHF pulls back ahead of the 50-Day SMA (0.8282) as the US Consumer Price Index (CPI) prints at 2.4% in May versus forecasts for a 2.5% reading.

US Dollar is attempting to snap a four-day losing streak with USD/CHF rebounding off technical support. Battle lines drawn on the short-term technical charts into NFPs.

USD/CHF is tracking global dollar flows more than local fundamentals, but data from Switzerland and the U.S. may still sharpen focus on rate differentials and breakout setups.

AUD/USD and NZD/USD climbed as the US dollar fell below 100 amid trade tensions. Key resistance levels and upcoming data will test the rally’s strength.

USD/CHF clears the May low (0.8186) after failing to push above the 50-Day SMA (0.8368).