🇺🇸 US Dollar

The US Dollar is currently showing an overall stable condition, after markets processed the latest US inflation data and signals from the Federal Reserve. The US central bank continues to emphasize a data-dependent course and avoids clear statements about the timing of possible further interest rate steps. While inflation is gradually weakening, the labor market remains robust and supports the attractiveness of the Greenback. At the same time, investors are waiting for new economic data that could provide clues about the further development of monetary policy. Overall, the dollar is currently moving without a clear trend, but remains supported by comparatively high US interest rates. The Euro is currently trading at around 1.14 US dollars.

🇪🇺 Euro

The Euro is currently showing strength and benefiting from a stable development of the European economy. The European Central Bank continues to pursue a cautious monetary policy course and is particularly monitoring the development of inflation and the economy in the eurozone. The common currency has recently made up ground against the US dollar, with market participants paying particular attention to new economic data from Germany and France. The further direction is likely to depend significantly on inflation figures and the relative strength of the US economy. Sentiment towards the Euro remains constructive at present.

🇨🇭 Swiss Franc

The Swiss Franc maintains its role as one of the world’s most important safe-haven currencies. Switzerland’s political stability, its solid state financing, and the traditionally defensive monetary policy of the Swiss National Bank continue to ensure high attractiveness among international investors. In phases of increasing uncertainty, capital flows regularly move into the Franc. At the same time, the National Bank continues to ensure it avoids excessive appreciation in order to protect the competitiveness of the export-oriented economy. The Franc thus remains a central anchor of stability in the international monetary system.