USD/CHF

AI take

The dollar eased against the Swiss franc as Treasury yields fell and Warsh declined to preview the October meeting, making the franc one of the stronger majors as Asian stocks tumbled then recovered. FINMA's approval of Switzerland's first retail spot bitcoin ETF is a Swiss-market overlay rather than a franc-policy print. Swiss producer and import prices slowed in September, adding to evidence of tame domestic inflation that has allowed the Swiss National Bank to leave its policy rate at zero, while Vice Chairman Antoine Martin said inflation is likely to remain elevated for some time mainly because of the Middle East. Watch oil after Hormuz ship attacks, and remaining data into the FOMC.

Scheduled take · 2026-10-21T03:10:04Z

• The Block -- Swiss regulator FINMA approves first retail bitcoin ETF