July has started strong and we have already seen the release of crucial data from the U.S. labor market. Contrary to previous signals, these figures indicate that the U.S. economy remains robust. However, we still await key data such as CPI inflation, the Federal Reserve's decision, and earnings reports from major U.S. companies. This does not mean next week will be dull. Donald Trump is set to ensure that, with a new chapter in the trade war, or perhaps even its complete resolution, on the horizon. Next week, it is worth paying close attention to markets such as USDCHF, oil, and US500.

USDCHF

The USDCHF pair has approached its historical lows from 2011. At that time, the eurozone was dealing with a sovereign debt crisis, and S&P decided to downgrade the U.S. credit rating amid the debt ceiling crisis. All these uncertainty factors led to a significant increase in demand for safe-haven assets. The end of the USDCHF decline was linked to the largest intervention in history by the Swiss National Bank (SNB): the establishment of a maximum appreciation limit for the franc against the euro. While it is unlikely that the central bank will take a similar measure now, further interest rate cuts and currency interventions cannot be ruled out. For the United States, most of the negative information has already been priced in, and only one important factor remains: the trade war. The deadline for suspending reciprocal tariffs, including those applied to Switzerland, is July 9. #Binance $BTC