The CHF to AUD exchange rate is currently bearish.
The Swiss National Bank (SNB) has recently decreased its key policy rate in response to easing inflation, while the Reserve Bank of Australia (RBA) is anticipated to raise interest rates due to rising inflation in Australia. This interest rate differential is likely to weigh on the CHF against the AUD. Additionally, the imposition of high tariffs on Swiss exports has created negative sentiment around the Swiss franc, exacerbating its weakness. On the other hand, Australia’s positive economic outlook, coupled with expectations of an RBA rate hike, supports the AUD’s strength.
In the near term, the CHF/AUD pair is expected to trade within a stable range, reflecting recent lows. An upside risk for the CHF could arise if the SNB decides to intervene in the currency markets due to the franc's ongoing strength. Conversely, worsening economic conditions in Australia or a change in commodity prices may pressurize the AUD and shift this trend.
