Softer-than-expected US inflation data drives the US Dollar lower, halting the Swiss Franc pair’s four-day rally.
The USD/CHF pair retreated to around 0.8140 in Asian trading on Friday, ending a four-day winning streak. The decline follows weaker-than-expected US inflation data, which pressured the US Dollar and supported the Swiss Franc’s strength.
Prior to this move, the pair had climbed steadily, reflecting broader USD resilience amid shifting market expectations. The softer inflation print contrasts with recent economic indicators, suggesting potential easing in US monetary policy pressures.
Markets are now reassessing the Federal Reserve’s rate path, with traders pricing in a slightly more dovish outlook for the USD.