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Swiss Franc CHF

 

Detailed information and fundamental factors

Central Bank: Swiss National Bank

Public Debt to GDP Ratio, 2017: 32.9%

Trade Balance, 2017: $50.1 bln.

Inflation, 2017: 0.5%

Sovereign Credit Ratings:

Fitch
AAA
Stable
Moody's
Aaa
Stable
S&P
AAA
Stable

Supporting Factors

Anti-inflation hedge reputation

Safe-haven currency

medium

Factors of Weakness

The Swiss National Bank manipulates currency rate

weak

Negative interest rates

medium

The Swiss franc is the currency that is officially used in Switzerland and Liechtenstein, while also used in some other regions. The franc was introduced in 1850 as a currency used in the whole Switzerland, replacing different currencies that were used in different parts of the country (some of them were also called “franc”). The franc is considered a safe currency because of the stability of the Swiss economy and the near-zero inflation of the currency. Previously, the law that demanded that 40 percent of printed money should be supported by gold also supported the view on the franc as a safe currency, but that requirement was terminated in 2000.



Swiss Franc News Archive

Swiss Franc Gains Boost from Risk Aversion & Economic Outlook

The Swiss franc gained against most other major currencies today, with the exception of the US dollar. The risk-negative market sentiment and the optimistic outlook for Switzerland’s economy helped the currency.

Swiss Franc Firm Despite Disappointing PPI

The Swiss franc rose versus some of its most-traded counterparts, though not against the rather strong euro, even as the growth of the Producer Price Index trailed market expectations.

Swiss Franc Trades Strong on Thursday

The Swiss franc was rather strong today, gaining on most of its major rivals. Economic data released in Switzerland over the trading session was neutral.

Accelerating Inflation Unable to Boost Swiss Franc

The Swiss franc was extremely weak today despite the better-than-expected inflation data released in Switzerland over the current trading session.

Swiss Franc Retreats vs. Euro, Gain on Other Majors

The Swiss franc gained on some of its major peers today, including the US dollar, but fell versus the euro as concerns about European politics receded.

Swiss Franc Tries to Hold Ground, Weighed by Poor Macroeconomic Data

The Swiss franc was trying to hold its ground today and managed to do so against some of its rivals. It was made complicated by lackluster domestic macroeconomic data and the improving market sentiment.

Swiss Franc Firm on Risk Aversion & Economic Data

The Swiss franc was rather firm today. Risk aversion and decent domestic macroeconomic data helped the currency to carve out gains versus its major rivals.

Swiss Franc Falls Below 1.20 Against Euro

The Swiss franc fell below the historically important level of 1.20 versus the euro as the risk appetite drove investors away from safe currencies. Still, Swiss National Bank Chairman Thomas Jordan saw no reason to abandon the extremely loose monetary policy.

Swiss Franc Gains After Inflation Report

The Swiss franc gained on its most-trade rivals, though not on the US dollar, today after the release of a good inflation print.

Swiss Franc Loses Gains Caused by Trade War Fears

The Swiss franc rose intraday during the current trading session on fears of trade wars, particularly between the United States and China, but has lost its gains by now.

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