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USD/CHF extends gains, targets 0.8200 as SNB stays near zero

The pair was trading around 0.8190 and faces upside resistance at 0.8215, while a drop below 0.8150 could accelerate losses toward 0.8100.

Reported · Written up by our desk · Major Pairs

USD/CHF extended its advance for a sixth straight trading session, rising 0.11%, as the US dollar held firm broadly against a basket of currencies tracked by the US Dollar Index (DXY), according to FXStreet.

At the time of writing, USD/CHF traded at about 0.8190, with buyers targeting 0.8200.

The Swiss franc is expected to keep weakening, FXStreet said, pointing to reporting that the Swiss National Bank is expected to keep rates near zero until the end of 2027, which supports an upward bias for the exchange rate.

FXStreet also highlighted levels traders are watching, with resistance at 0.8200 then 0.8215, and further upside risk if 0.8215 is breached, while a move below 0.8150 could worsen selling and expose 0.8100 and, on a decisive break, 0.8034.

Latest closeDollar index 101.47 ▲0.0%

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