The USD/CHF currency pair rebounded from multi-week lows on Friday, finding a floor after news of a US-Swiss tariff agreement helped stabilize market sentiment. The pair had earlier dropped to its weakest level since October 17th during the European trading session before staging a modest recovery.
This uptick in the exchange rate was driven by a wave of dollar buying, as the new trade deal alleviated immediate concerns over potential transatlantic trade tensions. The development provided a fresh catalyst for traders, prompting a shift away from the safe-haven Swiss franc and back into the US dollar.
The agreement's announcement served as a crucial support level for the struggling pair, interrupting its recent bearish trend. While the broader market focus remains on broader risk sentiment, the deal offered a temporary reprieve for the USD, allowing it to claw back some of its recent losses against the CHF.
About GrowingPool Trader Incubation Program
Want to become a professional trader? GrowingPool offers a completely free professional trader training program. We provide systematic courses, practical training, and professional mentorship to help you grow from beginner to full-time trader.
👉 Join Free Training Program | Trading Psychology Assessment
Data Source: GrowingPool Analysis Team Updated: 2025-11-14 16:52
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.