AUD/CHF — News Archive

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Swiss Franc Soft After Economic Growth Outlook Downgrade

The Swiss franc was very soft today after the downgrade of Switzerland’s economic growth outlook. The Swissie fell against major rivals and lost earlier gains versus commodity currencies.

Aussie Rallies on Trade Surplus, News About US-China Trade Talks

The Australian dollar rallied today against its major rivals. While decent macroeconomic data provided some help to the currency, the main contributor to the rally were the latest developments in the US-China trade conflict.

Australian Dollar Rises After GDP & Services PMI Reports

The Australia dollar gained today after Australia’s economic growth matched expectations and the services sector returned to expansion.

Australian Dollar Firm After RBA Holds Rates

The Australian dollar was firm today after the Reserve Bank of Australia kept interest rates unchanged and showed no signs of turning more dovish than it already was. Australia’s economic data was mixed, not giving the Aussie a reason to go in any specific direction.

Aussie Rallies After RBA Cuts Interest Rates

The Reserve Bank of Australia cut interest rates today. Yet the Australian dollar did not react to the news in the expected manner, rising after the event, not falling.

Aussie Mixed After Poor Domestic Macroeconomic Data

The Australian dollar was mixed today, falling against some currencies, staying flat against others, but also managing to gain on the Swiss franc. Domestic macroeconomic reports released over the trading session were detrimental to the currency.

Aussie Tanks, Driven Down by Prospects for Interest Rate Cut

The Australian dollar sank today after the central bank signaled that it may cut interest rates at its next monetary policy meeting. While market participants were already expecting a rate cut in the near future, the confirmation of the dovish outlook still hurt the currency.

Australian Dollar Mixed After Positive China’s GDP

The Australian dollar was mixed on Wednesday. The currency was flat against such rivals as the US dollar and the Japanese yen after swinging back and forth between gains and losses, fell versus the euro, but gained on the Swiss franc.

Australian Dollar Gets Boost from Housing Data & Crude Oil

The Australian dollar rose against its most-traded rivals today, supported by domestic macroeconomic data and other positive fundamentals. There were negative factors as well, but positive ones had ultimately bigger impact.

Aussie Rallies on Near-Record Trade Surplus, Retreats Later

The Australian dollar rallied today due to the unexpected increase of the trade surplus. The currency has lost gains against some of its rivals by now, while keeping them versus others.

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