#CurrencyPairPrediction Macro data dependency refers to how economic indicators influence the forecasting of interest rates for a currency pair like USD/CHF (U.S. Dollar/Swiss Franc). In this context, key macroeconomic data points—such as GDP growth, inflation rates, unemployment figures, trade balances, and central bank policies—are critical for predicting interest rate movements. For USD/CHF, the U.S. Federal Reserve’s actions (like changes to interest rates and monetary policy) and the Swiss National Bank’s policy decisions are central. Economic data like U.S. inflation (CPI), employment reports (non-farm payrolls), and GDP growth significantly impact the Fed’s stance on rates, influencing the USD. Similarly, Swiss data, including inflation and the economic outlook, affects the Swiss National Bank's decisions. Thus, interest rate forecasts for USD/CHF are closely tied to these macroeconomic indicators, as shifts in data can prompt central banks to adjust their policies, leading to currency fluctuations.