EUR/CHF Market Overview – 13 February 2026

The Euro to Swiss franc pair remained near its recent low on 12 February, trading at 0.91326, close to the 52‑week low of 0.90948 recorded on 9 February. The pair’s 52‑week high, 0.9661, was reached on 13 March 2025, underscoring the downward pressure that has persisted since the start of 2026.

Impact of Recent U.S. Inflation Data

U.S. market reactions to the latest inflation figures were muted. According to reports from finanznachrichten.de and markets.businessinsider.com, the Dow Jones and other major indices ended the week with little change after the inflation data came in “favourable.” Analysts, however, noted that the data did not justify expectations of a rate cut. The subdued market sentiment in the United States contributed to a neutral environment for risk‑off currencies, including the Swiss franc.

European Context – Weak Inflation and Solid Eurozone Growth

On 13 February, the Eurozone’s Q4 GDP matched expectations, but the euro did not receive a boost. Swiss inflation remained subdued, a factor that has helped keep the franc firm. A fxstreet report highlighted that the EUR/CHF pair was trading near a record low following weak Swiss CPI data, while eurozone economic outlooks remained stable. This combination of modest eurozone growth and low Swiss inflation supports the current trend of a weaker euro against the franc.

Market Sentiment and Technical Levels

The pair’s recent swing below 0.915 places it near a critical support zone identified in the 52‑week range. A break below 0.90948 would confirm the recent downtrend and could open a path toward the 52‑week low. Conversely, a rebound above 0.915 could signal a temporary reversal, potentially aligned with a broader shift in U.S. market sentiment.

Conclusion

EUR/CHF continues to trade in a range defined by recent low Swiss inflation and modest eurozone growth, with U.S. inflation data providing limited influence on currency movements. Market participants should monitor U.S. policy expectations and Swiss inflation releases for any signs of change that could alter the current trajectory.