Nowhere is the slump of the US economy more obvious on the online forex exchange than with the decline of the US dollar against the Swiss Franc. In recent weeks the dollar has plummeted by more then 34% against the Swiss Franc, and this looks like it will continue for the near future for some time to come. The United States Federal Reserve has not issued any statements to the contrary and indeed it seems that the country will continue to suffer economically for some time. Interest rates in the United States where currency issuance are concerned are still near all-time lows and will likely remain there. The upcoming GDP reports are likely to stay low in the United States due to continued low rates of employment and NFP numbers.

The nation of Switzerland has been doing much better than the United States and their neighbors in the European Union. In light of the fact that both the Euro and the US are experiencing serious trouble the Swiss Franc will continue to rise against the currencies of each entity. Switzerland has wisely stayed out of the financial policies bestowed upon each of these groups and as a result has come through relatively unscathed. For the time being it is going to be a good idea to continue betting against the USD where the CHF is concerned for the time being. So far technical indicators have been lagging behind price movement rather predicting it in a timely fashion due to the amount of movement with regard to the pair. Until there is some stabilization in the US this pair is not likely to calm down.

Switzerland is an extremely conservative country where finance is concerned, and in fact will continue to add value to their currency as a result. The Swiss Franc has a bright future indeed compared to other currencies for the near future in light of what has been occurring in the US. For the time being the United States is going to be suffering where their currency is concerned until the Federal Reserve raises interest rates, and this is not going to happen until the rest of the United States economy stabilizes. The United States needs to buckle down and pay its debts off or they will continue to experience trouble, and there is little chance that there is going to be any chance for financial reform if the government continues to borrow money.