Top Forex News

Live Forex news from all over the world.

    Archives

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 Soft amid Risk Appetite, Rising PPI Doesn’t Help

The Swiss franc was soft today amid mild risk appetite on the Forex market. Market analysts speculated that traders were more willing to risk due to hopes for a Sino-US trade deal in the near future. Decent domestic macroeconomic data did not help the Swissie.

Swiss Franc Mixed on Higher Inflation, Slumping Manufacturing

The Swiss franc was mixed midweek as the currency was data-dependent against some of its major rivals. Investors combed through numbers that found higher-than-expected inflation, lower-than-expected manufacturing activity, and commendable retail sales figures.

Swiss Franc Gains Despite SNB Keeping Negative Interest Rates

The Swiss franc rallied against most major currencies today, with the exception of the US dollar, which was rebounding after yesterday’s losses. Markets largely ignored the monetary policy meeting of the Swiss National Bank.

Swiss Franc Mixed After Unemployment Rate Meets Expectations

The Swiss franc traded mixed today, falling against some rivals, while holding versus others. Domestic macroeconomic data was not helpful in finding direction.

Swiss Franc Mixed amid Confusing Data, Market Sentiment

The Swiss franc traded mixed today, rising against some rivals and falling versus others. While initially the currency was weaker due to risk appetite caused by the positive manufacturing report for China, the Swissie rebounded against many peers later. Mixed domestic macroeconomic data was not helping the currency in finding direction.

Negative Market Sentiment Allows Swiss Franc Ignore Economic Data

The Swiss franc gained today, getting boost from risk aversion on the Forex market. The currency gained even as domestic macroeconomic reports were extremely disappointing, demonstrating weakness of the Swiss economy.

Swiss Franc Flat vs. Majors, Gains on Yen & Commodity Currencies

The Swiss franc was flat against most major currencies, with the exception of the Japanese yen, after the release of a trade balance report in Switzerland today. Risk aversion helped the Swissie to gain on commodity currencies.

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.

Navigation

Menu