USD/CHF extends downside below 0.8800 amid trade war concerns
Portfolio Pulse from
The USD/CHF currency pair is experiencing downward pressure due to escalating trade war concerns and potential global economic uncertainties. US President Trump's planned announcement of reciprocal tariffs and geopolitical tensions in regions like Gaza and Yemen are contributing to market volatility, with the Swiss Franc strengthening as a safe-haven currency.
March 31, 2025 | 7:15 am
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The USD/CHF pair is experiencing downward pressure, with the Swiss Franc strengthening due to safe-haven demand triggered by trade war concerns and geopolitical tensions.
Escalating trade tensions, potential tariffs, and geopolitical risks are driving investors towards the Swiss Franc, causing the USD/CHF pair to decline.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100