The post USD/CHF lifts off lows after US-Swiss tariff agreement appeared on BitcoinEthereumNews.com. USD/CHF stages a modest rebound on Friday after slipping to its lowest level since October 17 earlier in the European session. The pair found support as traders reacted to headlines that the United States (US) and Switzerland have reached a new trade deal, helping stabilize sentiment. At the time of writing, USD/CHF is trading around 0.7931, snapping a seven-day losing streak as a slightly firmer US Dollar (USD) helps limit the downside. The US Dollar Index (DXY), which measures the Greenback’s value against a basket of six major currencies, is staging a modest rebound from two-week lows, trading around 99.37, up nearly 0.20% on the day. US Trade Representative Jamieson Greer told CNBC on Friday that Washington has “essentially reached a deal with Switzerland.” Under the agreement, the US will lower tariffs on Swiss exports from around 39% to 15%. The Swiss government confirmed the deal in a post on X, adding that further details will be announced later in the day. Greer also noted that the agreement includes plans for roughly $200 billion in Swiss investment in the US, saying Switzerland will “send a lot of manufacturing here.” He added that more details, which he said have “really been in the works since April,” will be published later on the White House website. In the US, investors welcomed the reopening of the government, but overall sentiment remains fragile as markets wait for delayed economic data to be released. Uncertainty is growing over which reports will actually be published. US Labor Secretary Chavez-Deremer said on Friday that the Bureau of Labor Statistics was unable to fully collect October CPI data and may not be able to release the report. She added that the September jobs report had been collected but not yet processed, noting that officials are hopeful it can… The post USD/CHF lifts off lows after US-Swiss tariff agreement appeared on BitcoinEthereumNews.com. USD/CHF stages a modest rebound on Friday after slipping to its lowest level since October 17 earlier in the European session. The pair found support as traders reacted to headlines that the United States (US) and Switzerland have reached a new trade deal, helping stabilize sentiment. At the time of writing, USD/CHF is trading around 0.7931, snapping a seven-day losing streak as a slightly firmer US Dollar (USD) helps limit the downside. The US Dollar Index (DXY), which measures the Greenback’s value against a basket of six major currencies, is staging a modest rebound from two-week lows, trading around 99.37, up nearly 0.20% on the day. US Trade Representative Jamieson Greer told CNBC on Friday that Washington has “essentially reached a deal with Switzerland.” Under the agreement, the US will lower tariffs on Swiss exports from around 39% to 15%. The Swiss government confirmed the deal in a post on X, adding that further details will be announced later in the day. Greer also noted that the agreement includes plans for roughly $200 billion in Swiss investment in the US, saying Switzerland will “send a lot of manufacturing here.” He added that more details, which he said have “really been in the works since April,” will be published later on the White House website. In the US, investors welcomed the reopening of the government, but overall sentiment remains fragile as markets wait for delayed economic data to be released. Uncertainty is growing over which reports will actually be published. US Labor Secretary Chavez-Deremer said on Friday that the Bureau of Labor Statistics was unable to fully collect October CPI data and may not be able to release the report. She added that the September jobs report had been collected but not yet processed, noting that officials are hopeful it can…

USD/CHF lifts off lows after US-Swiss tariff agreement

USD/CHF stages a modest rebound on Friday after slipping to its lowest level since October 17 earlier in the European session. The pair found support as traders reacted to headlines that the United States (US) and Switzerland have reached a new trade deal, helping stabilize sentiment.

At the time of writing, USD/CHF is trading around 0.7931, snapping a seven-day losing streak as a slightly firmer US Dollar (USD) helps limit the downside. The US Dollar Index (DXY), which measures the Greenback’s value against a basket of six major currencies, is staging a modest rebound from two-week lows, trading around 99.37, up nearly 0.20% on the day.

US Trade Representative Jamieson Greer told CNBC on Friday that Washington has “essentially reached a deal with Switzerland.” Under the agreement, the US will lower tariffs on Swiss exports from around 39% to 15%. The Swiss government confirmed the deal in a post on X, adding that further details will be announced later in the day.

Greer also noted that the agreement includes plans for roughly $200 billion in Swiss investment in the US, saying Switzerland will “send a lot of manufacturing here.” He added that more details, which he said have “really been in the works since April,” will be published later on the White House website.

In the US, investors welcomed the reopening of the government, but overall sentiment remains fragile as markets wait for delayed economic data to be released. Uncertainty is growing over which reports will actually be published.

US Labor Secretary Chavez-Deremer said on Friday that the Bureau of Labor Statistics was unable to fully collect October CPI data and may not be able to release the report. She added that the September jobs report had been collected but not yet processed, noting that officials are hopeful it can be released next week.

On the monetary policy front, a wave of cautious remarks from Federal Reserve officials this week has tempered near-term rate-cut expectations. Policymakers continue to stress that inflation remains the primary concern, even as signs of a deteriorating labor market emerge. According to the CME FedWatch Tool, markets now assign a 49% probability to a December rate cut, down sharply from 94% a month ago.

Source: https://www.fxstreet.com/news/usd-chf-lifts-off-lows-after-us-swiss-tariff-agreement-202511141605

Market Opportunity
Polytrade Logo
Polytrade Price(TRADE)
$0.03521
$0.03521$0.03521
-1.03%
USD
Polytrade (TRADE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Pippin (PIPPIN) Price Prediction 2026–2030: Can PIPPIN Hit $0.70 Soon?

Pippin (PIPPIN) Price Prediction 2026–2030: Can PIPPIN Hit $0.70 Soon?

PIPPIN has surged sharply on the daily timeframe, printing a powerful bullish candle with over 25% gains. RSI is holding above 60, signaling strengthening momentum
Share
Coinstats2026/02/23 04:29
Will Cardano Reach $10 by 2030? Analysts Break Down ADA’s Growth Cycles

Will Cardano Reach $10 by 2030? Analysts Break Down ADA’s Growth Cycles

The post Will Cardano Reach $10 by 2030? Analysts Break Down ADA’s Growth Cycles appeared first on Coinpedia Fintech News Cardano (ADA) is trading at $0.9024 with a market cap of $32.91 billion. Experts say ADA has the potential to climb much higher, with some placing long-term targets as high as $10. The token continues to benefit from stronger visibility, rising liquidity, and increasing inflows from both institutional and retail markets. Can Cardano Hit $10 …
Share
CoinPedia2025/09/18 17:19
Crypto whale loses $6M to sneaky phishing scheme targeting staked Ethereum

Crypto whale loses $6M to sneaky phishing scheme targeting staked Ethereum

The post Crypto whale loses $6M to sneaky phishing scheme targeting staked Ethereum appeared on BitcoinEthereumNews.com. A crypto whale lost more than $6 million in staked Ethereum (stETH) and Aave-wrapped Bitcoin (aEthWBTC) after approving malicious signatures in a phishing scheme on Sept. 18, according to blockchain security firm Scam Sniffer. According to the firm, the attackers disguised their move as a routine wallet confirmation through “Permit” signatures, which tricked the victim into authorizing fund transfers without triggering obvious red flags. Yu Xian, founder of blockchain security company SlowMist, noted that the victim did not recognize the danger because the transaction required no gas fees. He wrote: “From the victim’s perspective, he just clicked a few times to confirm the wallet’s pop-up signature requests, didn’t spend a single penny of gas, and $6.28 million was gone.” How Permit exploits work Permit approvals were originally designed to simplify token transfers. Instead of submitting an on-chain approval and paying fees, a user can sign an off-chain message authorizing a spender. That efficiency, however, has created a new attack surface for malicious players. Once a user signs such a permit, attackers can combine two functions—Permit and TransferFrom—to drain assets directly. Because the authorization takes place off-chain, wallet dashboards show no unusual activity until the funds move. As a result, the assets are gone when the approval executes on-chain, and tokens are redirected to the attacker’s wallet. This loophole has made permit exploits increasingly attractive for malicious actors, who can siphon millions without needing complex hacks or high-cost gas wars. Phishing losses The latest theft highlights a wider trend of escalating phishing campaigns. Scam Sniffer reported that in August alone, attackers stole $12.17 million from more than 15,200 victims. That figure represented a 72% jump in losses compared with July. According to the firm, the most significant share of August’s damages came from three large accounts that accounted for nearly half…
Share
BitcoinEthereumNews2025/09/19 02:31