USD/CHF Price Forecast: Sinks to a two-week low near 0.8200 amid safe-haven demand

  • USD/CHF continues to weaken as the downtrend extends past 0.8250, as the pair loses almost 1%. Investors seeking safety bought the Swiss Franc (CHF) after US President Donald Trump threatened to enact tariffs of 50% on the European Union (EU) and 25% on Apple's iPhone manufactured overseas.