USD/CHF Moves Slightly Today! What's Up with the Dollar vs. Swiss Franc
The USD/CHF currency pair traded quietly around the 0.791–0.793 level on Tuesday, January 6, 2026, reflecting a cautious market mood ahead of the release of major economic data from the US, particularly the Nonfarm Payrolls (NFP) report. The US dollar is now slightly weaker against the Swiss franc, as safe-haven demand subsides as global geopolitical concerns begin to ease.
The fundamentals overshadowing USD/CHF movements are also influenced by central bank policy expectations. The market believes the US Federal Reserve is likely to hold interest rates steady or even cut them, due to US economic data showing a slowdown, such as a manufacturing contraction, which ultimately weighs on the dollar's strength. On the other hand, the Swiss franc received moderate support from domestic economic data and expectations that the Swiss National Bank will keep interest rates stable.
Traders are now noting that although USD/CHF is moving near the 0.79 area, momentum remains neutral to slightly bearish, especially if the dollar is further pressured by the Fed's dovish monetary policy. A weaker dollar will open the door to further strengthening of the Swiss franc, while US data this week could trigger larger movements in the forex market. (az)
Source: Newsmaker.id
