The Swiss Franc is once again more expensive than the US dollar. The long-term trend shows that the tendency for the last seven years has been predominantly in favor of the Swiss Franc. The pair had had a few parity break outs, however, but the US dollar has been incapable of moving much above the parity level.
The latest political decision of Donald Trump to ban all refugees for 120 days caused protests all over the States thus creating uncertainty in mistrust in Trump as their leader. If this spreads further, it might affect the currency and equity markets in a negative way and jeopardize the optimistic outlook market participants have for the US.
In light of this, the US dollar is now facing a double edged sword as the current economic and political events might very well define the future developments of the dollar against all its counterparts.
The Swiss Franc is the most appreciated currency against the dollar so far throughout the year as it registered a triple top at 1.0300. Current market price 0.9987.