The post USD/CHF consolidates near two-month lows with traders eyeing Fed-SNB cues appeared on BitcoinEthereumNews.com.

USD/CHF holds steady near 0.8115 as traders brace for Fed and SNB rate verdicts this week. Swiss producer and import prices fell further in May, reinforcing expectations for a SNB interest-rate cut. The KOF trims Swiss 2026 GDP forecast to 1.5%, citing erratic US trade policy as a drag. The Fed is expected to hold rates steady on Wednesday, while the SNB is likely to cut rates by 25 bps to 0% on Thursday. The Swiss Franc (CHF) is holding steady against the US Dollar (USD) on Monday, even as the US Dollar Index (DXY) slips back below 98.00, with traders brace for a relatively calm start to a week full of central bank decisions and the context of an escalating war between Israel and Iran.. The USD/CHF pair is hovering around 0.8106 during the European session, holding within a narrow range between 0.8100 and 0.8130 after bouncing back from Friday’s dip to a two-month low near 0.8056.  Market participants remain cautious, keeping positions light ahead of this week’s key interest-rate decisions from both the Federal Reserve (Fed) and the Swiss National Bank (SNB). On Monday, fresh data continued to highlight subdued inflation in Switzerland. Producer and Import prices declined by 0.7% YoY in May, marking a deeper drop than April’s 0.5% fall and highlighting persistent disinflation pressures.  On a monthly basis, prices slipped 0.5% in May, surprising markets by reversing the previous month’s 0.1% uptick and adding to expectations that the SNB may opt for further policy easing this week. Adding to the dovish narrative, the KOF Swiss Economic Institute revised its outlook for Switzerland’s economic growth in 2026 on Monday, citing unpredictable US trade policies as a key headwind. The think tank now expects sport-adjusted GDP to expand by 1.5% in 2026, a 0.4 percentage point downgrade, while…

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Filed under: News - @ June 16, 2025 11:23 am