UPDATE: The USDCHF currency pair has surged following positive comments from Donald Trump regarding US-China trade relations, signaling a potential shift in market sentiment. The US dollar’s performance has been volatile, with fluctuations driven by risk sentiment and ongoing economic pressures.
As of today, July 15, 2025, the US dollar has strengthened slightly due to rising Treasury yields that have reversed losses from Thursday. However, the overall outlook remains mixed as the US government shutdown continues to delay critical economic reports, including the impending US CPI report set to be released today by the Bureau of Labor Statistics (BLS).
Market analysts emphasize that this report is crucial. A strong outcome could bolster the dollar’s “repricing trade,” especially amid concerns surrounding the labor market. However, if growth fears escalate due to negative developments in US-China relations, the CPI data may be overshadowed.
On the Swiss side, the Swiss National Bank (SNB) has maintained steady interest rates, with President Schlegel indicating that the threshold for further rate cuts is high. The recent rebound in Swiss inflation remains insufficient to breach the 2% target, keeping the Swiss franc (CHF) primarily influenced by external risk sentiment.
In technical analysis, USDCHF dropped to a significant low of 0.7872 before rebounding after Trump’s comments. Should the price dip again, buyers may re-enter around this level with a defined risk set below it, targeting a rally towards 0.8073. Conversely, sellers are poised to increase bearish positions if the pair breaks lower.
The 4-hour chart shows a persistent downward trendline, and trading currently sits just above this line, indicating potential for continued bearish momentum. The 1-hour chart highlights resistance around 0.7935, where sellers are likely to act, while buyers are looking for a breakout to push prices higher.
As the market watches closely for developments in US-China relations and the US CPI report, traders are advised to remain vigilant. The outcome of today’s economic data could significantly impact the USDCHF trajectory, making this an urgent moment for investors to stay updated.
In summary, the USDCHF is at a critical juncture, influenced by both domestic economic data and international trade dynamics. The unfolding situation demands attention as the market awaits the key CPI report, which could reshape the dollar’s future.
Stay tuned for more updates as this story develops.
