USD/CHF
Fundamentals favour the US Dollar by 64 points.
On the Macro Currency Strength Meter, the US Dollar scores +12 and the Swiss Franc scores -52 — a gap of 64 points in favour of the US Dollar. The widest divergence is in interest rates, which favours the US Dollar. All else equal that gap is a fundamental tailwind for the US Dollar against the Swiss Franc — though markets may already have priced much of it in.
Pillar comparison
Which currency wins each macro driver| Driver | USD | CHF | Edge |
|---|---|---|---|
| Interest Rates | +15 | -66 | USD |
| Growth | +34 | — | USD |
| Positioning | +12 | -40 | USD |
| Risk Mood | -24 | -39 | USD |