USD/CHF Inches Toward 0.7980 Amid Risk-Off Sentiment and Tariff Fears

USD/CHF Inches Toward 0.7980 Amid Risk-Off Sentiment and Tariff Fears

Published: July 11, 2025
Category: Forex | USD/CHF | Market Sentiment

USD/CHF Trades Cautiously as Global Trade Tensions Escalate

The USD/CHF pair is trading slightly higher around 0.7980 in Friday's Asian session, maintaining a sideways trajectory under the psychological 0.8000 level. The safe-haven Swiss Franc (CHF) holds firm despite moderate gains in the US Dollar (USD), as broader market sentiment turns risk-averse.

Trump’s Tariff Warning Fuels Market Uncertainty

In a Thursday interview with NBC News, US President Donald Trump warned of imposing a blanket tariff of 15% to 20% on nations that fail to sign a trade agreement within the 90-day truce window.

“We’re just going to say all of the remaining countries are going to pay, whether it’s 20% or 15%. We’ll work that out now,” Trump stated.

Washington has only finalized deals with the UK and Vietnam, reached a partial agreement with China, and is in talks for an interim deal with India.

Market Sentiment Favors Safe Havens

The uncertainty surrounding global trade and lack of final deals with major economies is prompting a risk-off shift, encouraging traders to favor safe-haven assets like the Swiss Franc and US Treasury bonds.

This cautious sentiment has kept the USD/CHF pair range-bound, limiting any aggressive upside despite broader US Dollar strength elsewhere.

Key Takeaways:

• USD/CHF rises slightly to 0.7980 in risk-off Asian session
• Trump threatens blanket tariffs of up to 20% on countries without trade deals
• Swiss Franc maintains strength amid global uncertainty
• Resistance lies near 0.8000; downside support seen near 0.7950

Related Tredu Analysis:

• US Dollar Index Recovers on Fresh Tariff Announcements
• USD/CAD Jumps to 1.3700 as Trump Targets Canadian Imports
• EUR/USD Slides Below 1.1700 on Trade Deal Anxiety