Dollar Slips on Fed-Cut Bets as Swiss Franc Firms Against Euro and USD
August 28, 2025CHF Strengthens While the Dollar Struggles
AUG 28 - The U.S. dollar faltered on Thursday as traders sharpened bets on a Federal Reserve rate cut next month, nudging the Swiss franc modestly higher against both the greenback and the euro. Around mid-session, USD/CHF drifted near 0.8015 and EUR/USD hovered around 1.1640, leaving EUR/CHF broadly steady but soft-biased, a setup that continues to favor the safe-haven franc when policy uncertainty spikes.
Read MoreTariff Turbulence Puts Spotlight on the Swiss Franc - How CHF Is Moving Against the Euro and the Dollar
August 04, 202539 % U.S. Tariff Rocks Swiss Watchmakers, but the Currency Story Runs Deeper
Aug 4 - Washington’s shock decision to slap a 39 % import duty on Swiss goods sent Richemont and Swatch shares tumbling as much as 5 %. Currency desks were just as quick to react: USD/CHF spiked toward 0.81, its highest level in a month. Yet despite the dollar bounce, the franc has still edged about 1 % higher against the euro since January, leaving exporters to the EU coping with an unfavourable cost base in a market where watches and machinery sell in euros.
Read MoreDollar Rebounds on U.S.-EU Tariff Truce, but Swiss Franc Still Outshines the Euro
July 28, 2025Greenback Gets a Lift from Brussels-Washington Breakthrough
The U.S. dollar clawed back ground on Monday after the White House and European Commission unveiled a framework deal that caps U.S. import duties on EU goods at 15 %-half the punitive rate threatened for 1 August. By muting the prospect of an all-out trade war, the accord rekindled demand for dollar assets and pushed the greenback higher across the G10 board.
Read MoreSwiss Franc Leaps in Global FX Reserves as Dollar Share Slips and Euro Regains Ground
July 09, 2025IMF COFER Report: Safe-Haven CHF Steals the Quarter
July 9 - Fresh data from the International Monetary Fund show that central banks are diversifying faster into Swiss francs than into any other major currency. The franc’s share of reported official reserves quadrupled to 0.8 % in Q1 2025 the highest reading since the euro replaced the legacy Swiss-franc line item back in 1999. By contrast, the U.S. dollar’s allocation slid to 57.7 %, down another tenth of a point, while the euro edged up to 20.1 %, its best level in more than two years.
Read MoreEU Talent Keeps Switzerland Ticking - And the Strong Franc Sweetens the Deal
July 04, 2025Free Movement Fuels Swiss Growth
July 4 - A new government-commissioned report concludes that EU and EFTA nationals are “indispensable” to Switzerland’s economy. Under the free-movement agreement, European professionals fill critical skill gaps in finance, biotech and engineering, while lower-skill recruits support hospitality, construction and manufacturing - sectors where Swiss firms struggle to hire locally.
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