Bearish
CHF/JPY trades at ¥188.65, with policy divergence influencing downward pressure.
CHF/JPY is currently trading at ¥188.65, reflecting a decline influenced by policy divergence between the Swiss National Bank (SNB) and the Bank of Japan (BoJ). The SNB maintains a 0% policy rate, while the BoJ is expected to raise rates by 25 basis points to 1.25% on September 18, 2026, reducing the Swiss Franc's yield appeal.
Key points
- CHF/JPY fails to re-enter the 198–204 range, slipping to ¥193, its lowest since December.
- Policy divergence between SNB and BoJ increases downside risks for CHF/JPY.
- CHF/JPY trading at ¥188.65 as of September 17, 2026.
Sources
AI-generated from public news sources. Not financial advice.

