ING analysts suggest that the recent news of Trump's tariffs being blocked, combined with the Federal Reserve's sentiment to keep interest rates high, could sustain dollar demand in the short term.
USDCHF
US dollar / Swiss franc
Indicators
Chart
News USDCHF
An increase of the indicator value may contribute to the rise in quotes of USD.
A decrease of the indicator value may contribute to the fall in quotes of USD.
The dollar rose against six major currencies with a slight correction on Thursday, May 29, following the US Federal Trade Court's ruling blocking the US president's tariffs. The court ordered Trump to revoke the relevant directives.
On Wednesday, the US Court of International Trade issued a ruling blocking many of President Donald Trump's import tariffs, Bloomberg reports. This put the president's trade strategy in danger of being derailed.
Event announcement USDCHF
The USD publication has been released
GDP (QoQ)
-0.2%
+0.1%-0.00382 (16h. 5m.)
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The USD publication is expected
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USDCHF economy
United States
Switzerland
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