USD/CHF Forecast: SNB Policy Support Dollar Strength – 16 January 2026
The US dollar advanced against the Swiss franc on Thursday, driven by carry trade flows and expectations that the SNB will resist further franc appreciation.

The US dollar advanced against the Swiss franc on Thursday, driven by carry trade flows and expectations that the SNB will resist further franc appreciation.
The S&P 500 showed resilience on Thursday, with dip buyers pushing the index higher as investors eye upcoming earnings reports and strong US retail data.
The euro weakened further against the US dollar on Thursday, as strong US data and diverging central bank outlooks continue to support defensive dollar flows.
The Australian dollar hovered near the 0.67 level on Thursday, with choppy trading driven by RBA policy expectations and China’s improving growth outlook.
The US dollar extended losses against the South African Rand on Thursday, driven by strong carry trade flows and bullish momentum in commodity markets.
The Mexican peso extended gains against the US dollar on Thursday, driven by carry trade flows and expectations of slower rate cuts amid persistent inflation.