How would the US/China trade tensions effect currencies?

Specifically, I was expecting the EUR/CHF to drop over the past couple weeks. It did drop but it rebounded off of a point I was not expecting. I’m not sure if my analysis was wrong, if something I can’t see happened or if it could have been due to some other factor (like the thread title) which I haven’t accurately taken into account. What do you guys think?

Start Investing in The Markets at Leading Broker XM With Fast Direct Execution. Discover Award-Winning Platforms, 24/5 Support in 30+ Languages, No Hidden Fees. Free trading signals.