|

USD/CHF rebounds from three-week low near 0.9050 on US Dollar recovery

  • USD/CHF rebounds from the three-week low as the US Dollar attempts to snap the losing streak.
  • Swiss Franc receives buying support due to its safe-haven status amid the Middle-East conflict.
  • The probability of policy rate hikes fades due to the dovish remarks made by Fed officials.

USD/CHF extends its losing streak for the fifth successive day, trading lower around 0.9070 during the Asian session on Tuesday. However, the pair rebounds from the three-week low as the US Dollar (USD) attempts to halt the losing streak.

Moreover, the USD/CHF pair is facing downward pressure due to the Palestine-Israel military conflict as the Swiss Franc (CHF) receives buying support due to its safe-haven status.

Early on Saturday, Hamas initiated an assault on Israel using land, air, and sea forces. In retaliation, the Israeli army has commenced a forceful response in Gaza, marking the region's most intense military conflict to date.

The US Dollar Index (DXY) trades higher around 106.17 at the time of writing. However, the US Dollar (USD) didn’t appreciate the robust US Nonfarm Payrolls data released on Friday.

Additionally, the Greenback’s depreciation can be attributed to a decline in US Treasury yields on Monday, with the 10-year US Treasury bond yield standing at 4.66% as of the current press time.

Moreover, the remarks made by Federal Reserve (Fed) officials overnight prompted investors to downplay the probability of additional rate hikes, resulting in a further drop in US bond yields. Consequently, this development is perceived as eroding the strength of the Greenback.

Dallas Fed president Lori Logan suggested that there might be less necessity to raise the Fed funds rate, and Fed Vice Chair Philip Jefferson acknowledged the importance of the central bank proceeding cautiously with any additional increases in the policy rate.

The impending release of the FOMC meeting minutes on Wednesday is anticipated to influence expectations regarding the Federal Reserve's next policy move, potentially impacting demand for the Greenback.

In the absence of any major data in the Swiss calendar this week, the US Core Producer Price Index (PPI) on Wednesday will be eyed, followed by the Consumer Price Index (CPI) on Thursday, as these events play a crucial role in evaluating inflationary trends and economic conditions in the United States.

USD/CHF: additional levels to watch

Overview
Today last price0.9069
Today Daily Change0.0003
Today Daily Change %0.03
Today daily open0.9066
 
Trends
Daily SMA200.9074
Daily SMA500.8916
Daily SMA1000.8907
Daily SMA2000.9027
 
Levels
Previous Daily High0.9124
Previous Daily Low0.905
Previous Weekly High0.9244
Previous Weekly Low0.9073
Previous Monthly High0.9225
Previous Monthly Low0.8795
Daily Fibonacci 38.2%0.9078
Daily Fibonacci 61.8%0.9095
Daily Pivot Point S10.9036
Daily Pivot Point S20.9006
Daily Pivot Point S30.8962
Daily Pivot Point R10.911
Daily Pivot Point R20.9154
Daily Pivot Point R30.9184

Author

Akhtar Faruqui

Akhtar Faruqui is a Forex Analyst based in New Delhi, India. With a keen eye for market trends and a passion for dissecting complex financial dynamics, he is dedicated to delivering accurate and insightful Forex news and analysis.

More from Akhtar Faruqui
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

EUR/USD eyes 1.1800 barrier near two-month highs

EUR/USD extends its gains for the second successive session, trading around 1.1780 during the Asian hours on Tuesday. On the daily chart, technical analysis indicates a persistent bullish bias, as the pair moves upward within the ascending channel pattern. Additionally, the 14-day Relative Strength Index at 68.89 sits near overbought, signaling strong demand. RSI remains elevated, which could cap gains if overbought conditions emerge.

GBP/USD knocks ten-week highs ahead of holiday slowdown

GBP/USD found room on the high side on Monday, kicking off a holiday-shortened trading week with a fresh spat of Greenback weakness, bolstering the Pound Sterling into its highest bids in ten weeks. Pound traders are largely brushing off the latest interest rate cut from the Bank of England as the UK’s central bank policy strategy leaves the water murky for rate-cut watchers.

Gold bulls seem unstoppable amid supportive fundamental backdrop

Gold is seen building on the previous day's strong rally of over 2% and continues scaling new all-time highs for the second consecutive day on Tuesday. The commodity climbs closer to the $4,500 psychological mark during the Asian session and remains well supported by a combination of factors. 

Uniswap holds above $6 as traders eye UNIfication vote outcome

Uniswap price holds above $6 at the time of writing on Tuesday after closing above a key resistance zone in the previous week. Traders are focusing on the highly anticipated UNIfication proposal, which is set to conclude on Thursday, and could become a key near-term catalyst. On the technical side, momentum indicators are flashing bullish signals, hinting at an upside rally.

Ten questions that matter going into 2026

2026 may be less about a neat “base case” and more about a regime shift—the market can reprice what matters most (growth, inflation, fiscal, geopolitics, concentration). The biggest trap is false comfort: the same trades can look defensive… right up until they become crowded.

XRP steadies above $1.90 support as fund inflows and retail demand rise

Ripple (XRP) is stable above support at $1.90 at the time of writing on Monday, after several attempts to break above the $2.00 hurdle failed to materialize last week. Meanwhile, institutional interest in the cross-border remittance token has remained steady.