USDCHF Gains 3.3% Monthly on Fed Hawkishness, SNB Dovishness

USDCHF climbed 1.3% this week and over 3.3% month-to-date, driven by a stronger US dollar following hawkish Fed signals. The Swiss franc fell after the SNB held rates at 0% and signaled willingness to intervene in currency markets. USDCHF is the primary pair to watch as diverging central bank policies create sustained directional pressure. Traders should note the SNB's intervention threat adds volatility risk, while the Fed's hawkish stance continues to broadly support USD across major pairs.