Before the tariff deadline, the Swiss Franc received a boost from safe-haven funds.

UBS Global Wealth Management analysts stated in a report that the recent strength of the Swiss franc reflects demand for safe-haven assets before the end of the temporary suspension of US tariffs on July 9. They mentioned that even if the Swiss franc continues to rise on the final deadline day, the increase will be limited. They also stated that the Euro/Swiss franc is unlikely to fall below 0.9250 in the long term.