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USD/CHF

Fundamentals favour the US Dollar by 64 points.

USD US Dollar +12 Neutral · #2
vs
CHF Swiss Franc -52 Weak · #8

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
DriverUSDCHFEdge
Interest Rates +15 -66 USD
Growth +34 USD
Positioning +12 -40 USD
Risk Mood -24 -39 USD
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