AUD/CHF — News Archive

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Australian Dollar Soft as Traders Wait for FOMC

The Australian dollar was soft today falling against some of its major rivals and trading flat versus others. With just one relatively minor report released in Australia today, the decline of the Australian currency was likely the result of outside factors.

Strength of Swiss Franc Signals About Worsening Sentiment

Markets started Thursday’s trading session in a positive mood. The Swiss franc, being considered a safer currency, was soft as a result of that. But currently, the Swissie has managed to gain against almost all of its most-traded peers. It also erased losses versus the Australian dollar, which had been the strongest currency on the Forex market during the early Thursday trading.

Swiss Franc Among Weakest as Investors Don’t Shun Risk

The Swiss franc was among the weakest among major currencies on the Forex market today, along with the US dollar and the Japanese yen — other currencies considered to be safe. That suggests that risk appetite has been driving markets on Friday.

Australian Dollar Starts Trading Weak, Races to Top Later

The Australian dollar started today’s trading weak against the US dollar and other most-traded currencies, though not all of them. In particular, the Aussie managed to gain on the Swiss franc and to reverse yesterday’s losses versus the New Zealand dollar. But at the time of writing, the Aussie not just managed to rebound to the opening level, it has been trading as one of the strongest currencies on the Forex market.

Australian Dollar Follows Other Commodity Currencies in Decline, Tries to Rebound

The Australian dollar fell today together with other commodity currencies as investors were more interested in safer currencies, like the US dollar and the Japanese yen (but not the Swiss franc). That suggests that markets were in a risk-off mode, and the decline of European stocks during Monday’s trading session also implied that it was the case. The Aussie was attempting to rebound, getting support from better-than-expected macroeconomic releases in Australia […]

Swiss Franc Soft Despite Better-than-Expected Data

The Swiss franc was soft for the most part today, though it managed to log small gains versus the Australian dollar and the Japanese yen. Better-than-expected domestic macroeconomic data was unable to bolster the Swissie.

Australian Dollar Holds Steady as Optimism Wanes

The Australian dollar held its ground today despite waning optimism about the coronavirus vaccine. Domestic macroeconomic data released in Australia on Wednesday was not great but not terrible either.

Aussie Flat After Economic Data from China & Australia

The Australian dollar was trading sideways during Friday’s session as traders have paused sell-off of riskier currencies but remained cautious of the spreading coronavirus in China and its potential impact on the global economy. Australian domestic macroeconomic data was in line with expectations, and some of China’s reports were positive. While that provided a short-term boost to the Aussie, it did not last long.

Swiss Franc Rallies on Slew of Bad News, Loses Gains Later

The Swiss franc rallied today amid the negative sentiment among investors. The franc is considered a safe currency, meaning that traders prefer to buy it in times of fear and uncertainty. And on Tuesday, there were plenty of news to spook speculators. Currently, though, the Swissie has lost its gains against most other rivals.

Australian Dollar Extends Rally Caused by Stellar Employment Data

The Australian dollar continued to rise today following yesterday’s rally. The rally was a result of a very positive employment report that showed a bigger-than-expected employment growth and an unexpected drop of the unemployment rate.

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