Follow @dorgang

Follow @snbchf

Home › 3) Swiss Markets and News › 3.) Swissinfo Business and Economy › Safe harbour Swiss franc rises amid tariff uncertainty

Previous post Next post

Safe harbour Swiss franc rises amid tariff uncertainty

Published on March 31, 2025

See on Internet Archive

by
Swissinfo
My articles My site About me My videos My books
Follow on:Twitter Facebook Google +

Safe harbour Swiss franc rises amid tariff uncertainty — Safe harbour search triggered by tariff uncertainty, franc on the rise Keystone-SDA

Generated with artificial intelligence.

United States tariff policy is causing uncertainty among investors, creating demand for safe haven assets such as the Swiss franc or the Japanese yen.

This content was published on March 31, 2025 - 15:06

+Get the most important news from Switzerland in your inbox

The main concern is that the tariff levies announced by US President Donald Trump for April 2 will have a negative impact on economic growth and fuel inflation again. There is also a lack of clarity as to exactly which duties will be introduced. ‘The word I keep hearing is uncertainty,’ says one currency expert.

+ What lies ahead for Switzerland: an economic outlook for 2025External link

The euro is thus slightly down against the franc today compared to Friday evening, trading at CHF0.9528. The dollar for its part is trading at CHF0.8790, slipping once again below the 88 cent mark.

Swiss economy facing ‘high downside risks’

This content was published on Mar 26, 2025 The Swiss economy will continue to develop at a rather subdued pace in 2025, according to economic researchers at ETH Zurich (KOF).

In addition to the franc, traders believe the yen is also increasingly sought after in the current environment. “The market mood was already quite fragile before the announcement of the US tariff impositions on Wednesday, but President Trump exacerbated it further when he told reporters that the duties would apply to all countries and not just a select few,” reads a commentary by a specialist.

The precariousness of the situation is also well illustrated by the price of gold, which this morning reached a new record high: the precious metal with immediate delivery (Gold spot) is trading at $3115.10 an ounce, up 0.97%, while gold with delivery in June (Comex) changes hands at $3146.20, up 1.02%.

What is your opinion? Join the debate:

External Content

Translated from French by DeepL/mga

This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles.

If you want to know more about how we work, have a look here, if you want to learn more about how we use technology, click here, and if you have feedback on this news story please write to english@swissinfo.ch.

Sergio Ermotti named highest paid banker in Europe

This content was published on Apr 1, 2025 UBS CEO Sergio Ermotti was the highest earning CEO of the largest banks in Europe last year.

Chinese e-car manufacturer BYD arrives in Switzerland

This content was published on Apr 1, 2025 The Chinese e-car manufacturer BYD has officially entered the Swiss market.

Over a quarter of Swiss Catholics consider leaving the church

This content was published on Apr 1, 2025 In Switzerland 27% of Catholics have thought about leaving the church, according to a survey by the Sotomo research centre.

Swiss financial watchdog reorganises itself

This content was published on Apr 1, 2025 Following the Credit Suisse debacle, the Swiss Financial Market Supervisory Authority (FINMA) is adapting its organisation.

F/A-18s take off and land at Bern Airport

This content was published on Apr 1, 2025 The Swiss Armed Forces are training their fighter jets in Bern to fly from a civilian base. The exercise at Bern Airport will last until Wednesday.

Plans materialise for new particle accelerator in Geneva

This content was published on Apr 1, 2025 Preparations for a huge new particle accelerator in Geneva have reached a milestone. After several years of work, a feasibility study for the project has now been finalised.

More Russian assets frozen in Switzerland

This content was published on Apr 1, 2025 The value of frozen Russian assets in Switzerland currently stands at CHF7.4 billion ($8.4 billion), the Swiss government announced on Tuesday.

Increase in Swiss business start-ups in Q1

This content was published on Apr 1, 2025 The number of business start-ups in Switzerland accelerated in the first three months of the year, with entrepreneurs being particularly dynamic in Central Switzerland, Basel and Geneva.

Most Swiss authorities want to ban Nazi symbols in public

This content was published on Apr 1, 2025 A majority of Swiss political parties, cantons and associations want to ban the use and distribution of Nazi symbols in public.

Stadler Rail delivers further Flirt multiple-unit trains to Poland

This content was published on Apr 1, 2025 Stadler Rail has received a further order from the Polish regional railway company Koleje Mazowieckie (KM).

Full story here Are you the author?

About Swissinfo

SWI swissinfo.ch – the international service of the Swiss Broadcasting Corporation (SBC). Since 1999, swissinfo.ch has fulfilled the federal government’s mandate to distribute information about Switzerland internationally, supplementing the online offerings of the radio and television stations of the SBC. Today, the international service is directed above all at an international audience interested in Switzerland, as well as at Swiss citizens living abroad.

My articles My site About me My books
Follow on:Twitter Facebook Google +