The Swiss franc is cementing its position as the world’s go-to refuge after US President Donald Trump’s latest tariffs broadside drove investors toward the safest assets and dimmed the appeal of the dollar.

The Swiss Franc (CHF) attracts fresh buyers against the US Dollar (USD) on Monday as escalating tensions between the United States (US) and the European Union (EU) over control of Greenland support demand for the safe-haven Franc.

The safe-haven Swiss franc and the euro rallied against the dollar after the ‌Trump administration threatened Federal Reserve Chair Jerome Powell with a criminal indictment, a move that could endanger the greenback’s safe-haven status.

1,1228. USD CHF is in an downtrend directed by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified ...

The USD/CHF pair is down 0.55% to near 0.7985 during the late Asian trading session on Monday. The Swiss pair faces intense selling pressure as tensions between the Eurozone and the United States (US) over Washington’s desire to purchase Greenland have weighed heavily on the US Dollar.

The latest CFTC Commitment of Traders (COT) report highlights growing divergences across major FX futures. While price action in several markets remains resilient, positioning suggests traders may be late to the move,