The post USD/CHF retreats to mid-0.8000s as Fed rate cut bets weigh on USD appeared on BitcoinEthereumNews.com.

The USD/CHF pair is seen extending the previous day’s pullback from a nearly three-week top – levels just above the 0.8100 mark – and losing ground for the second straight day on Wednesday. The slide is sponsored by the prevalent US Dollar (USD) selling bias and drags spot prices to mid-0.8000s, closer to the lower end of the weekly range, in the last hour. The USD Index (DXY), which tracks the Greenback against a basket of currencies, slides to a one-week low as the delayed US macro data released on Tuesday reaffirmed dovish Federal Reserve (Fed) expectations. In fact, the US Producer Price Index (PPI) pointed to signs of cooling inflation, while US Retail Sales rose less-than-expected in September. Furthermore, the Conference Board’s Consumer Confidence Index dropped to a seven-month low in November amid concerns about a sluggish labor market, which gives the US central bank more headroom to ease policy further. Meanwhile, New York Fed President John Williams said last Friday that interest rates could fall in the near term without putting the central bank’s inflation goal at risk. Separately, Fed Governor Christopher Waller said earlier this week that the job market is weak enough to warrant another quarter-point interest rate cut at the December meeting. Moreover, Fed Governor Stephen Miran echoed the dovish view and said in a television interview on Tuesday that a deteriorating job market and the economy calls for large interest rate cuts to get monetary policy to neutral. Traders were quick to react and are now pricing in around an 85% chance that the US central bank will lower borrowing costs by 25 basis points in December. In contrast, the Swiss National Bank (SNB) is expected to hold its main policy rate at 0.00% for the foreseeable future, with analysts predicting rates will remain…

---

Filed under: News - @ November 26, 2025 5:20 am