The USD/CHF pair edged higher, finding support above the 0.9050 level as buyers stepped in ahead of key US economic data. The US dollar remained resilient, benefiting from cautious market sentiment and steady Treasury yields.
Investors are closely watching the upcoming US Non-Farm Payrolls (NFP) data, which could provide fresh clues on the Federal Reserve’s policy outlook. A strong jobs report may reinforce expectations of higher-for-longer interest rates, boosting the dollar, while a weaker reading could weigh on the currency.
Meanwhile, the Swiss franc remains stable, supported by safe-haven demand amid lingering global economic uncertainty. However, the lack of major domestic catalysts has left the currency largely reacting to broader market trends and US dollar movements.
Technical indicators suggest that USD/CHF could extend its gains if bullish momentum holds, with the next key resistance around 0.9100. On the downside, sustained weakness below 0.9050 may trigger fresh selling pressure.
Analysts expect the pair to stay volatile ahead of the NFP release, with risk sentiment and central bank expectations driving near-term price action. A significant shift in Fed policy outlook could dictate the next major move for USD/CHF.
