According to the article, Deutsche Bank is targeting a low 0.80s level for USD/CHF, which would mean that the US dollar would weaken significantly against the Swiss franc. The bank cites the approaching peak in Fed funds, which is the interest rate at which banks lend to each other overnight, as a key factor driving this outlook.

The article notes that changes in interest rates can have a significant impact on currency exchange rates, as higher interest rates can make a currency more attractive to investors. If the Fed is nearing its peak interest rate, this could lead to a weakening of the US dollar, which would be negative for USD/CHF. Additionally, the Swiss franc is often considered a safe-haven currency in times of uncertainty, which could also support its strength against the US dollar.

Overall, the article suggests that Deutsche Bank is bearish on USD/CHF, and expects the US dollar to weaken against the Swiss franc in the near future. However, it is important to note that this is just one perspective, and that other analysts and investors may have different views on the outlook for the currency pair. Additionally, currency exchange rates are subject to a wide range of factors, including economic data releases, global events, and changes in monetary policy, which could impact their direction and volatility.

Conclusion @ 0.9026 closed @ 0.89353 04/17/23 

USD/CHF 04/16/23

SNB's Jordan: We can't exclude that we may have to tighten again - This article covers a statement made by Thomas Jordan, the Chairman of the Swiss National Bank (SNB). Jordan said that the bank may need to tighten its monetary policy in the future in order to control inflation. This could involve raising interest rates or implementing other measures to reduce the supply of money.  

Conclusion @ 0.89436 closed @ 0.88813 04/24/23