USD/CHF Exchange Rate Rebounds from Multi-Year Low

March 6, 2026
Posted by: EWGFX
Category: Technical analysis

The resilience of the Swiss economy and inflation remaining below 1% have made the Swiss franc an attractive safe-haven asset amid an extremely tense geopolitical backdrop and elevated gold prices. As the USD/CHF chart shows, the US dollar fell against the Swiss franc below 0.7650 in February — the lowest level since summer 2011.

However, the pair has since begun forming higher lows, suggesting that strong support is emerging in this area. The outbreak of intensified military activity in the Middle East this week has led to a rise in the USD, with the dollar also strengthening against the franc. Market participants may be starting to view the Swiss currency as an overvalued safe-haven asset.

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