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Swiss Franc CHF

 

Detailed information and fundamental factors

Central Bank: Swiss National Bank

Public Debt to GDP Ratio, 2016: 34.1%

Trade Balance, 2016: $57.7 bln.

Inflation, 2016: -0.4%

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 Drops as Traders Seek Assets with Higher Yield

The Swiss franc dropped today as the market sentiment was not favorable to currencies considered to be a safe haven.



Swiss Franc Reverses Rally After Disappointing PPI

The Swiss franc started the current trading session rising but reversed its movement about the same time as the disappointing Producer and Import Price Index was released. The traders’ risk-positive mentality did not help the currency either.



Positive Market Sentiment Drives Swiss Franc Down

The market sentiment was positive to risky currencies today, driving the Swiss franc down against its most-traded counterparts.



Swiss Franc Rallies After Speech of SNB Chief

The Swiss franc rose today after the speech of the central bank’s chief even as some economic forecasts for Switzerland were revised down.



Swiss Franc Mixed After SNB & PPI

The Swiss franc was mixed after today’s policy announcement from the Swiss National Bank and the release of the Producer Price Index. The currency gained on the euro and the Japanese yen but fell versus the US dollar and the Great Britain pound.



Swiss Franc Falls vs. Dollar & Yen, Gains on Euro & Pound

The Swiss franc fell against the US dollar and the Japanese yen but gained versus the Great Britain pound and the euro by the end of the Thursday’s session.



Swiss Franc Ignores Domestic Data, Rallies vs. Majors

The Swiss franc managed to gain on some of its most-traded counterparts during the current trading session, even though domestic macroeconomic data was detrimental to the currency.



USD/CHF Rises as Swiss GDP Misses Forecasts

The Swiss franc fell against the US dollar today as Switzerland’s gross domestic product missed economists’ expectations. Against other most-traded counterparts, the currency was either flat or higher.



CHF Retreats vs. EUR After Trading Near Highest Since Brexit Vote

The Swiss franc gained on the US dollar during the current trading session. The Swissie fell against the euro, but its daily high was near the highest level since the Brexit announcement.



Swiss Franc Mixed amid Slow Holiday Trading

The Swiss franc was mixed today, rising against the Great Britain pound, falling versus the euro, and staying mostly flat against the US dollar (though the Swiss currency has moved lower versus the greenback just now). The Swissie, as well as most other currencies, did not move far due to slow trading ahead of the holiday.



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