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fxJul 9, 2026, 4:34 AM

Swiss Franc Gains as Fed Uncertainty Weighs on US Dollar

USD/CHF remained subdued around 0.8070 for a second straight session during Asian hours Thursday, as the US Dollar softened following the Federal Reserve's latest meeting.

USDCHF

The Swiss Franc strengthened against the US Dollar on Thursday, with USD/CHF trading near 0.8070 during the Asian session. The pair has been subdued for two consecutive days.

Pressure on the greenback comes after the Federal Reserve's policy meeting on Wednesday left markets uncertain about the outlook for US interest rates. Traders are reassessing the pace of future rate adjustments, weighing on the dollar's appeal.

No additional data or comments from Fed officials were cited in the report. The franc's gain reflects a shift in sentiment toward the safe-haven currency amid the prevailing dollar weakness.

Source: FXStreet Forex News