USD/CHF Extends Decline Below 0.8250 Amid Trade Uncertainty; US PCE Data in Focus

USD/CHF Extends Downward Momentum Below 0.8250, US PCE Data in Focus

The USD/CHF currency pair slid to approximately 0.8230 during early European trading on Friday. The Swiss Franc (CHF) gained modest strength against the US Dollar (USD) amid ongoing trade uncertainties and geopolitical risks.

A US appeals court temporarily halted a ruling against President Donald Trump’s global tariffs, while his administration considers imposing tariffs of up to 15% for 150 days, according to the Wall Street Journal. This uncertainty, combined with Middle Eastern tensions and the Russia-Ukraine conflict, has fueled demand for the Swiss Franc as a safe-haven asset, weighing on USD/CHF.

Investors are now closely watching the release of the US April Personal Consumption Expenditures (PCE) Price Index later on Friday, the Federal Reserve’s key inflation gauge, which could provide fresh impetus to the pair.

For more forex insights and real-time updates, visit Tredu.com Forex News.