UBS expects USD/CHF to trade firmly below 0.80 in the long term

UBS expects USD/CHF to trade firmly below 0.80 in the long term

Source: EODHD - https://www.investing.com/news/forex-news/ubs-expects-usdchf-to-trade-firmly-below-080-in-the-long-term-93CH-4120563
Published: Jul 02, 2025 5:22 AM

Investing.com - The Swiss franc has demonstrated resilience throughout most of the year, maintaining its strength against the dollar despite the approaching July 9 deadline when the 90-day grace period for US tariffs expires, according to UBS analysis. Since April’s significant market movements, the USD/CHF exchange rate has gradually declined below 0.80, while EUR/CHF remains range-bound between 0.930 and 0.945. The Swiss National Bank reduced interest rates by 25 basis points to 0% in June and could potentially implement negative rates if the Swiss franc strengthens further or if other central banks make additional rate cuts. UBS analysts expect USD/CHF to trade firmly below 0.80 in the lo...

Market context: This update is relevant to USD traders, with USDCHF as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.