{
  "id": 6753637,
  "title": "Swiss Franc nears monthly lows as investors brace for US CPI data",
  "url": "https://urgent.news/2026/09/11/swiss-franc-nears-monthly-lows-as-investors-brace-for-us-cpi-data",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-11T10:32:16.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/swiss-franc-nears-monthly-lows-as-investors-brace-for-us-cpi-data-202609111032"
  },
  "original_language": "en",
  "account": "The Swiss Franc is experiencing its weakest performance in a month as investors anticipate the release of US Consumer Price Index (CPI) data, according to recent wire material. The USD/CHF currency pair has climbed nearly 0.7% in the last two days, buoyed by rising global yields and the anticipated quarter-point Federal Reserve rate hike. On Thursday, the Producer Price Index (PPI) surged by 5.4% year-on-year in August, up from 4.8% in July, while the Core PPI expanded by 4.6% year-on-year from 4.3% in the previous month. These figures have prompted investors to increase their bets on a Fed rate hike next week to a 70% probability, up from below 60% last week. The focus of Friday's market will be the US CPI data, which is expected to reveal a moderate rise in consumer inflation, with the yearly rate remaining steady at 3.4%, above the Fed's 2% target. ING strategist Francesco Pesole notes that the Dollar is currently \"tentatively re-establishing a positive correlation with long-end yields,\" influenced by the smaller-than-expected $6bn Treasury buyback. The US Treasury Secretary's reluctance to intervene in the bond market is also seen as crucial for the positive USD-back-end rates correlation to regain strength. Pesole expects USD risks to shift to the upside if oil prices recover, having risen around 15% since the previous data release. A softer CPI print could potentially weaken the dollar and prevent the September hike pricing from falling below 50%, which could encourage FOMC members to support an increase.",
  "summary": "The Swiss Franc extends losses for the sixth consecutive day against the US Dollar on Friday, nearing one-and-a-half-month lows at the mid-0.8100s.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Swiss Franc struggles even as US Dollar gives back CPI-led gains",
        "url": "https://urgent.news/2026/09/11/swiss-franc-struggles-even-as-us-dollar-gives-back-cpi-led-gains",
        "published": "2026-09-11T14:35:32.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}