USD/CHF drifts below 0.7900 as markets eye US jobs data

USD/CHF slipped lower in Asian trading October 4, 2025. No real momentum. The pair lurks under that big 0.7900 mark. Feels uncertain.

Downside seems contained though. Everyone's waiting. US employment figures drop later today during North American hours. Kind of a big deal. These numbers will shape what people think about Fed interest moves for the rest of the year.

Traders are already betting on some policy tweaks from the US central bank soon. Recent American economic data looked a bit soft. Not great for the dollar. USD/CHF feels the pressure.

The market mood is actually pretty upbeat. Plus the SNB Chairman sounded rather dovish lately. Bad news for the Swiss Franc. The Swiss National Bank might adjust rates if needed, they say. But negative rates? They're not going there again. Probably.

It's not entirely clear if USD/CHF's bounce from the 0.7850 area seen earlier this week has run its course. Bulls might need the pair to push firmly above 0.7900 before getting too excited about more gains.

Currency markets keep shifting. Right now, 0.28 USD gets you about 24.86 INR. Just one example of how global currencies keep moving around, USD/CHF included.

Swiss Franc traders watch everything - local economic news and global market vibes. The Swiss currency still acts like a safe haven. Still tied to how Europe's economy performs overall.