USD/CHF Slides to Around 0.8070 After Swiss Inflation Surprise

USD/CHF trades around 0.8070, down 0.75% on the day, after reaching 0.8156 on Wednesday. That is the session stamp.

Swiss CPI ran hot. The dollar was already soft.

Brown Brothers Harriman, as reprinted there, has Swiss headline CPI at 0.8% year on year versus 0.5% consensus and 0.4% in July — the highest since September 2024 and above the SNB’s Q3 0.6% forecast. Core CPI printed 0.4% versus 0.3% expected after four straight 0.3% readings.

The same page ties the Greenback’s slide to a sharp yen rally and soft US labour color — claims at 206k versus 205k expected — plus Waller’s hold-if-progress lean into Friday’s NFP.

Informational only. Not trading advice, signals, or a guarantee of any market outcome.