UBS maintains Swiss franc forecast as U.S. tariffs and Fed policy shift outlook

UBS maintains Swiss franc forecast as U.S. tariffs and Fed policy shift outlook

Source: EODHD - https://www.investing.com/news/forex-news/ubs-maintains-swiss-franc-forecast-as-us-tariffs-and-fed-policy-shift-outlook-93CH-4179027
Published: Aug 08, 2025 4:50 AM

Investing.com - UBS has maintained its Swiss franc forecast despite new US tariffs on Swiss imports, according to a research note released Thursday. The US administration has imposed a 39% tariff on Swiss imports, a measure UBS expects will remain in place temporarily before a lower rate is eventually negotiated between the two countries. UBS anticipates the Federal Reserve will resume its monetary easing cycle in September as US economic data has "started to weaken more considerably," a move that would likely weaken the US dollar against other currencies. The investment bank has kept its forecast for USD/CHF to move gradually lower toward 0.76 over a one-year horizon, though it cautions tha...

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.