USD/CHF strives to reclaim an almost five-month high of 0.8960 amid weakness in the Swiss Franc (CHF).
The SNB unexpectedly cuts its interest rates by 50 bps to 0.5% on Thursday.
Investors expect the Fed to reduce its key borrowing rates by 25 bps on Wednesday.
The USD/CHF pair aims to revisit a five-month high of 0.8960 in Friday’s North American session. The Swiss Franc pair ticks higher as the outlook of the Swiss currency has weakened across the board after the Swiss National Bank (SNB) surprisingly reduced its key borrowing rates by 50 basis points (bps) to 0.5% on Thursday.

Market participants anticipated the SNB cutting interest rates by 25 bps as the central bank remained worried about the risks of inflation undershooting the bank’s target and growing

USD/CHF trades in a tight range below 0.8850 as investors seek fresh Fed interest rate cues. Donald Trump’s economic agenda will be inflationary for the US economy. Investors await flash US S&P Global PMI for November and SNB Schlegel’s speech, which are scheduled for Friday.

USD/CHF drops to near 0.8630 even though the US Dollar resumes its upside journey.
The SNB is expected to cut interest rates again in December.
Investors expect the Fed to reduce interest rates gradually.
The USD/CHF pair drops to near 0.8630 from the two-month high of 0.8370 in Monday’s North American session. The Swiss Franc pair corrects even though the US Dollar (USD) rebounds after a mild sell-off on Friday, suggesting sheer strength in the Swiss currency.

Investors have underpinned the Swiss Franc against the Greenback despite the Swiss National Bank (SNB) is expected to cut interest rates again in December. This would be the fourth straight interest rate cut in a row.

The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies,

NZD/USD drops from 0.6250 as the market sentiment turns cautious.
The US Dollar bounces back ahead of Fed Harker’s policy announcement.
Traders expect the Fed to reduce interest rates further by 75 bps in the remainder of the year.
The NZD/USD pair faces selling pressure above the crucial resistance of 0.6250 in Friday’s North American trading hours. The Kiwi asset drops as the US Dollar (USD) attempts to gain ground above the annual low. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, bounces back from the annual low of 100.20 to near 100.90.

Market sentiment turns cautious as investors shift focus to global PMI data, which will be published on Monday. The S&P 500 opens on a bearish note, indicating a decline in

USD/CHF witnesses a sharp sell-off near 0.8440 as traders raise bets toward the Fed’s sizable rate cuts. The US Retail Sales for August are expected to have risen by 0.2%, slower than 1% in July.

USD/CHF slides below 0.8600 amid weakness in the US Dollar.
Investors want to know how much the Fed will reduce interest rates in September.
Market participants should brace for high volatility amid an eventful US week.
The USD/CHF pair faces an intense sell-off and slides below the round-level support of 0.8600 in Tuesday’s North American session. The Swiss Franc asset plummets as the US Dollar (USD) has declined to a multi-month low as investors seemed to be strongly confident that the Federal Reserve (Fed) will start reducing interest rates from the September meeting.

Market sentiment is favorable for risky assets on Fed potential rate cuts in September. The S&P 500 has opened on a positive note, exhibiting further improvement in investors’ risk appetite. The US

USD/CHF marches toward 0.8700 as safe-haven flows to the Swiss Franc have diminished.
Investors divide over the size of Fed’s interest-rate cuts in September.
Investors await the US PPI and CPI data for July, which will be published at 12:30 GMT and Wednesday, respectively.
The USD/CHF pair gains to near 0.8675 in Tuesday’s European session. The Swiss Franc asset strengthens as the appeal of the Swiss Franc as a safe-haven asset diminishes due to waning risks of the United States (US) entering a recession.

Fears of a potential US recession faded after upbeat weekly Initial Jobless Claims. Also, the think tank discussed that the Nonfarm Payrolls (NFP) data for July was not as bad as exhibited by sheer sell-off in global equities.

Currently, the market sentiment is

The Pound Sterling falls against the US Dollar below 1.2700 amid weak appeal for risk-sensitive currencies.

The Pound Sterling faces pressure as geopolitical tensions improve the appeal for safe-haven assets. UK’s employment and inflation data will influence speculation over BoE rate cuts.

USD/CHF trades sideways near 0.8800 as the focus shifts to US economic data.
The Swiss economy is expected to have growth at a moderate pace of 0.1% in the last quarter of 2023.
Fed policymakers support holding interest rates unchanged in the range of 5.25%-5.50%.

Pound Sterling struggles for a direction as investors shift focus to the Q3 GDP data.