The resilience of the Swiss economy and inflation remaining below 1% have made the Swiss franc an attractive safe-haven asset amid an extremely tense geopolitical backdrop and elevated gold prices. As the USD/CHF chart shows, the US dollar fell against the Swiss franc below 0.7650 in February — the lowest level since summer 2011.
USD/CHF remains subdued near 0.7800 as US Dollar steadies on recent gains
USD/CHF edges higher as SNB intervention rhetoric caps Franc gains
USD/CHF has broken free from its February consolidation and pushed sharply higher into early March, reclaiming ground lost during the January slide. The advance has been swift, but price is now confronting a technically significant ceiling that has previously acted as a pivot within the broader trend.
USD/CHF remains stronger near 0.7800 on fading Fed rate cut odds
USDCHF currency pair recently reversed down from the resistance zone between the key resistance level 0.7830 (former multi-month support from September), upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from January.
USD/CHF Price Forecast: Slumps below 0.7800 after clash on 50-day SMA
USD/CHF retreats as US Dollar pulls back from multi-month highs
USD/CHF weakens to near 0.7800 as Middle East tensions lift Swiss Franc
USD/CHF holds gains above 0.7800 as US Dollar gains on risk aversion
USD/CHF advances on Middle East war, robust US manufacturing PMI
USD/CHF gains to near 0.7700 as US Dollar firms, US Manufacturing PMI data in focus