CHF: Strengthening amid currency debasement fears – MUFG

FXStreet Insights Team FXStreet

The Swiss Franc is currently threatening to strengthen against the Euro, with potential implications for the SNB's policy. The loss of confidence in US policymaking has heightened fears of currency debasement, boosting the appeal of the CHF as a store of value. Analysts are watching closely for any intervention from the SNB, Lee Hardman, Senior Currency Analyst at MUFG notes.

Swiss Franc gains traction against Euro

"The best performing major currency has been the Swiss franc which is currently threatening to break higher against the euro as well."

"If the Swiss franc continues to strengthen it will increase pressure on the SNB to take action given the significant inflation undershoot in Switzerland."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)

Author

FXStreet Insights Team

FXStreet

The FXStreet Insights Team is a group of journalists that handpicks selected market observations published by renowned experts. The content includes notes by commercial as well as additional insights by internal and external analysts.

EUR/USD keeps losses near 1.2000 as USD rebound ahead of Fed

EUR/USD is holding sizeable losses near 1.2000 in the European session on Wednesday. The pair retraces from a five-year high amid renewed US Dollar demand. All eyes will be on the US Federal Reserve interest rate decision due later on Wednesday.

GBP/USD stays in red near 1.3800, as focus shifts to Fed verdict

GBP/USD sticks to sizeable losses near 1.3800 in European trading on Wednesday. The US Dollar stages a solid comeback on profit-taking as traders adjust their positions ahead of the key Fed policy announcements. This contributes to the downside in the pair alongside cautious markets.

Gold buying remains unabated amid safe-haven flows; $5,300 in sight ahead of Fed

Gold continues scaling new all-time peaks for the eighth straight day and moves closer to the $5,300 mark during the early part of the European session on Wednesday. Investors continue to take refuge in traditional safe-haven assets on the back of economic and geopolitical uncertainties, fueled by US President Donald Trump's decisions.

BoC set to keep rates unchanged, reinforcing its wait-and-see stance

The Bank of Canada is widely expected to leave its benchmark rate unchanged at 2.25% at Wednesday’s meeting, extending the pause it signalled back in December. The Bank of Canada will announce its policy decision on Wednesday at 14:45 GMT alongside the Monetary Policy Report.

Big Tech Earnings: Tesla, Meta, Microsoft, Apple to steer market trajectory

Four companies are set to decide the direction of the stock market this week, with guidance – not headline earnings – likely determining whether the AI rally continues or cracks.

Bitcoin Cash Price Forecast: Retail interest sparks in BCH amid reversal chances

Bitcoin Cash (BCH) is trading around $600 at press time on Wednesday, framing a potential double bottom reversal on the daily chart. The BCH token is witnessing renewed capital inflows into its futures contracts amid a positive funding rate cycle, signaling renewed investor interest.