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fxJun 30, 2026, 4:25 AM

Swiss Franc Declines Ahead of KOF Leading Indicator Release

The Swiss franc weakened in Asian trade on Tuesday, lifting USD/CHF to 0.8090 as markets await the KOF Leading Indicator, expected to edge up to 98.2 in May.

USD/CHF

The Swiss franc came under pressure during the Asian session on Tuesday, allowing USD/CHF to recover from recent losses. The pair traded around 0.8090 as market participants positioned for the upcoming KOF Swiss Leading Indicator.

The indicator, due later in the day, is forecast to inch higher to 98.2 in May from the previous reading of 98.0. A stronger-than-expected print could provide support for the franc, while a miss may accelerate the decline.

Source: FXStreet Forex News