SNB Abandons Currency Interventions. Forecast as of 11.06.2025

Facing the risk of being labeled a currency manipulator, the Swiss National Bank is forced to revert to negative interest rates. Will this policy shift support USDCHF bulls, or will broader headwinds outweigh the upside? Let's discuss this topic and make a trading plan.Major Takeaways The US has not yet designated Switzerland as a currency manipulator. Negotiations on reducing the 31% tariffs remain ongoing. Deflation increases the risk of the SNB introducing negative interest rates. I