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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 Under Pressure from Stock Markets’ Attempt to Rally

The Swiss franc was soft today as the attempt of stock markets to rally put pressure on safer currencies. The markets wobbled, though, amid trade tensions between the United States and China. Today’s decline followed Friday’s better-than-expected inflation data in Switzerland.

Strength of Swiss Franc Signals About Risk Aversion on Forex Market

The Swiss franc was relatively strong today, rising against such currencies as the US dollar and the euro, though not the Great Britain pound and the Japanese yen.

Switzerland ‘Can Live With’ Franc Being Overvalued Against the Euro

The Swiss franc is overvalued compared to the euro, but the nation and its businesses “can live with” the current exchange rate, says Ueli Maurer, Switzerland’s Finance Minister. The Swiss franc, which has gained more than 5% against the euro over the last 12 months, is dipping on Thursday after his remarks.

Swiss Franc Ends Friday Strong

On Friday, the Swiss franc ended trading strong against most of its rivals, with the exception of other European currencies. While domestic data was good, the likely reason for the strong performance was the European Union migration deal.

SNB Maintains Easing Bias, Swiss Franc Reverses Rally

The Swiss franc rallied against some of its rivals intraday but has lost its gains by now, similarly to the Japanese yen. It looks like currently traders are less interested in safe currencies.

Swiss Franc Firm, Undisturbed by Dovish SNB

The Swiss franc gained on most other major currencies, with the exception of the Great Britain pound, which got a boost from the relatively hawkish stance of the Bank of England. The outlook expressed by Switzerland’s own central bank was far less optimistic, but that did not prevent the Swissie from rising.

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.

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