USD/CHF Slides to a Three-Month Low as Dollar Pressure Builds
The U.S. dollar continued to weaken against the Swiss franc, with USD/CHF falling 0.57% to 0.7873, marking its lowest level in three months. The move reflects sustained pressure on the dollar as markets reassess rate expectations and rotate toward traditional safe-haven currencies.
The Swiss franc has been drawing support from its defensive appeal, especially as U.S. yields lose momentum and year-end liquidity thins. In low-liquidity conditions, currency moves often extend further than expected, and the steady grind lower in USD/CHF suggests positioning remains tilted against the dollar.
For now, the pair’s failure to stabilize above recent support levels keeps the short-term bias tilted lower. Unless U.S. data or yields stage a meaningful rebound, the franc may continue to outperform, reinforcing the broader narrative of gradual dollar softening rather than a sudden breakdown.