USD/CHF steady in multi-month range – BBH

USD/CHF is holding near the middle of its 0.7900–0.8100 range as Swiss inflation prints came in line with expectations, BBH FX analysts report.

SNB poised to keep policy rate at 0%

"USD/CHF is up near the middle of its multi-month 0.7900-0.8100 range. We expect this range to hold."

"Swiss inflation matched expectations in December. Headline CPI was 0.1% y/y vs. 0.0% in November and core CPI printed at 0.5% y/y (consensus: 0.4%) vs. 0.4% in November."

"The Swiss National Bank will keep the policy rate steady for the foreseeable futures. The swaps curve price-in the policy rate to remain around 0.00% over the next twelve months."

Jan 8, 2026

EUR/USD slides toward 1.1670 amid steady ECB guidance – BBH

EUR/USD is trading lower near 1.1670 as the ECB’s latest consumer survey shows inflation expectations holding steady, supporting the case for rates to remain at 2.00%, BBH FX analysts report.

USD/JPY Price Forecast: Consolidates around 156.70 as focus shifts to US NFP

The USD/JPY pair trades in a tight range around 156.70 during the European trading session on Thursday. The pair consolidates as investors shift focus to the United States (US) Nonfarm Payrolls (NFP) data for December, which will be released on Friday.