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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

Swiss Franc Gains Despite Falling PPI

The Swiss franc gained on most major currencies today, which was surprising considering risk appetite on markets and poor macroeconomic data in Switzerland.

Swiss Franc Trades Flat-to-Lower After Flash Crash, Ignores Falling CPI

The Swiss franc experienced a “flash crash” today, falling sharply at the start of the trading session but reversing losses almost immediately afterwards. The worse-than-expected drop of the Swiss Consumer Price Index had limited impact on the currency.

Swiss Franc Mixed After Rising on Risk Aversion, Ignores Rising Unemployment Rate

The Swiss franc behaved similarly to the Japanese yen today, rising intraday on risk aversion, but retreating versus its major peers later. Against commodity currencies, though, the Swissie retained its gains. The increase of Switzerland’s unemployment rate did not bother the currency too much.

Swiss Franc Trades Higher Despite Underwhelming Domestic Data

The Swiss franc traded higher against most of its major peers today despite underwhelming domestic macroeconomic data. The likely reason for that was the fact that most of economic reports released in other countries were not particularly good as well.

Swiss Franc Drops, Dragged Down by Poor Macroeconomic Data

The Swiss franc fell against most of its major rivals today. Poor domestic macroeconomic data has likely played some part in the decline.

Swiss Franc Mixed After Bigger-than-Expected Decline of Producer Inflation

The Swiss franc was mixed today following the release of producer inflation data, which showed a bigger-than-expected decline. The general market sentiment was optimistic, weighing on safe currencies like the Swissie and the Japanese yen.

Swiss Franc Soft Despite Supportive Data & Market Sentiment

The Swiss franc was surprisingly soft today despite recent supportive domestic macroeconomic data and the market sentiment that was favorable to safer currencies.

Swiss Franc Drops After Switzerland’s Economic Outlook Gets Negative Revision

The Swiss franc traded on par with the US dollar but fell against most other major currencies today. While the market sentiment seemed to be beneficial to safe currencies, news from Switzerland itself was detrimental to the Swissie.

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.

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