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Swiss Franc CHF

 

Detailed information and fundamental factors

Central Bank: Swiss National Bank

Interest Rate: -1.25% — -0.25%

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

Franc Flat-to-Higher Despite Downgrade of SNB Inflation Forecast

The Swiss franc was relatively strong today, trading flat against some currencies while gaining versus others. That was surprising, considering that the central bank left interest rates in the negative territory and lowered inflation projections.

Swiss Franc Gains Despite Slowing CPI

The Swiss franc was behaving similar to the Japanese yen today, rising against its rivals due to waning risk appetite. Negative domestic macroeconomic data was unable to prevent the rally.

Positive Market Sentiment Does Not Prevent Rally of Swiss Franc

The Swiss franc gained today even though the market sentiment was favorable to riskier currencies, not the safer ones. Domestic macroeconomic data was positive but did not seem to play a part in the currency’s rally.

Swiss Franc Declines as Economic Barometer Falls Below Expectations

The Swiss franc declined today following the release of underwhelming macroeconomic data. While the currency actually gained immediately after the release, the rally was short-lived, and the Swissie retreated afterwards.

Swiss Franc Declines After GDP Unexpectedly Contracts

The Swiss franc dropped today as Switzerland’s economic growth halted unexpectedly. The currency did not react to the report immediately, moving largely sideways for some time, but declined sharply later.

Swiss Franc Weakens on Trade War Concerns, Bearish Monetary Policy Forecasts

The Swiss franc is weakening against the greenback on Thursday after the central bank warned that the trade war could rock the currency. A central bank official also encouraged investors to hold tight because a tighter monetary policy is still far away from being realized. That said, officials believe the franc remains highly valued in the global financial markets.

Swiss Franc Gains as Safe Currencies Back in Favor

The Swiss franc climbed today, joining the Japanese yen in a rally, as risk aversion returned to markets. That brought safe currencies back in favor of market participants.

Swiss Franc Declines After Inflation Misses Expectations

The Swiss franc declined against its most-traded rivals today after Switzerland’s inflation missed expectations.

Swiss Franc Strongest on Forex Market During Friday’s Trading

The Swiss franc was extremely strong today, beating all of its most-traded rivals. That is surprising, considering that Switzerland’s economic calendar is empty today, and the currency had no factors to facilitate such good performance. Yesterday, the nation’s central bank made its policy announcement.

Rising Risk Aversion Helps Swiss Franc to Rebound

The Swiss franc rose against its most-traded peers today amid rising risk aversion on the Forex market.

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