USD/CHF Falls Near 0.8200 on Safe-Haven Demand and Tariff Fears

USD/CHF Drops Near 0.8200 on Safe-Haven Demand and Tariff Concerns

The USD/CHF pair continued its losing streak for a third consecutive session, dropping to around 0.8210 during early Asian trading on Monday. The decline is driven by heightened safe-haven demand amid concerns over sluggish growth and renewed inflation fears in the United States.

Trump Tariffs and US Dollar Pressure

US President Donald Trump’s announcement to double tariffs on steel and aluminum imports from 25% to 50% further weighs on the US Dollar. A recent US Court of Appeals ruling temporarily allows these tariffs, reversing an earlier decision that had blocked them, adding to market uncertainty.

Swiss National Bank’s Rate Cut Anticipated

The Swiss Franc gains support as investors seek refuge amid global risks. The Swiss National Bank (SNB) is widely expected to lower its interest rate to zero at its June policy meeting due to deflationary pressures, with headline CPI stagnant year-over-year and core inflation easing to 0.6%.

For more currency updates, visit our Forex Market section.USD/CHF Drops Near 0.8200 on Safe-Haven Demand and Tariff Concerns

USD/CHF Extends Losses Amid Growing Market Uncertainty

The USD/CHF pair continued its losing streak for a third consecutive session, dropping to around 0.8210 during early Asian trading on Monday. The decline is driven by heightened safe-haven demand amid concerns over sluggish growth and renewed inflation fears in the United States.

Trump Tariffs and US Dollar Pressure

US President Donald Trump’s announcement to double tariffs on steel and aluminum imports from 25% to 50% further weighs on the US Dollar. A recent US Court of Appeals ruling temporarily allows these tariffs, reversing an earlier decision that had blocked them, adding to market uncertainty.

Swiss National Bank’s Rate Cut Anticipated

The Swiss Franc gains support as investors seek refuge amid global risks. The Swiss National Bank (SNB) is widely expected to lower its interest rate to zero at its June policy meeting due to deflationary pressures, with headline CPI stagnant year-over-year and core inflation easing to 0.6%.

For more currency updates, visit our Forex Market section.USD/CHF Drops Near 0.8200 on Safe-Haven Demand and Tariff Concerns

USD/CHF Extends Losses Amid Growing Market Uncertainty

The USD/CHF pair continued its losing streak for a third consecutive session, dropping to around 0.8210 during early Asian trading on Monday. The decline is driven by heightened safe-haven demand amid concerns over sluggish growth and renewed inflation fears in the United States.

Trump Tariffs and US Dollar Pressure

US President Donald Trump’s announcement to double tariffs on steel and aluminum imports from 25% to 50% further weighs on the US Dollar. A recent US Court of Appeals ruling temporarily allows these tariffs, reversing an earlier decision that had blocked them, adding to market uncertainty.

Swiss National Bank’s Rate Cut Anticipated

The Swiss Franc gains support as investors seek refuge amid global risks. The Swiss National Bank (SNB) is widely expected to lower its interest rate to zero at its June policy meeting due to deflationary pressures, with headline CPI stagnant year-over-year and core inflation easing to 0.6%.