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fxJun 24, 2026, 3:39 PM

Swiss Franc hits ten-month low as hawkish Fed boosts dollar

The Swiss Franc fell to its weakest level in over ten months as expectations of a hawkish Federal Reserve strengthened the US Dollar.

USDCHF

The Swiss franc weakened to its lowest level in more than ten months on Wednesday, pressured by a surging US dollar. The greenback gained ground as markets priced in a more hawkish stance from the Federal Reserve.

USD/CHF traded near 0.8126 at the time of writing, marking a sixth consecutive day of gains for the pair. The move extends the franc's recent decline amid diverging monetary policy expectations between the Swiss National Bank and the Fed.

Source: FXStreet Forex News