CHF/JPY — News Archive

The Japanese yen was firm today as the market sentiment turned cautious. Some of domestic macroeconomic releases were also helpful to the currency.

The Swiss franc was soft today as the market sentiment remained positive, hurting demand for the currency often used as a safe haven. Markets largely ignored the strong language of US President Donald Trump regarding China.

The Japanese yen was mixed today amid mild risk aversion on the Forex market. Traders were reluctant to open new positions at the start of the week full of important events.

The Swiss franc, as well as other safe currencies like the US dollar and the Japanese yen, were extremely strong on Tuesday amid speculations whether the Federal Reserve will cut interest rates this year and how much. Domestic macroeconomic data was also supportive of the Swissie.

For a while today, the Japanese yen was one of the strongest currencies on the Forex market, opening sharply higher against its rivals. But by now it has lost gains against all of its major peers despite the positive outlook for Japan’s economy. Domestic macroeconomic data was not especially good, though.

The Japanese yen weakened today due to risk appetite caused by news about a trade truce between the United States and China. The currency has trimmed its losses later, though, erasing them against some rivals outright. Macroeconomic data released in Japan over the trading session was mixed.

The Swiss franc was generally weak today (though managed to gain on the Japanese yen) as the conflict between the European Union and Switzerland intensified.

The Swiss franc was generally strong today as tensions between the United States and Iran continued to escalate.

The Japanese yen was weak for the most part today despite the better-than-expected inflation print and risk aversion among investors. Meanwhile, Japan’s manufacturing sector unexpectedly continued to contract.

The Swiss franc was in spotlight today, being the strongest currency on the Forex market. The reason for that was geopolitical tensions in Middle East.