CHF/JPY — News Archive

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Japanese Yen Weakest During Friday’s Trading, Attempts to Bounce

The Japanese yen was extremely weak today. In fact, it was the weakest currency on the Forex market during early Friday’s trading. The yen fell even against the otherwise weak New Zealand dollar. That said, the yen has been trying to beat the Swiss franc and the New Zealand dollar at the time of writing, rising closer to the opening level from time to time.

Swiss Franc Weak Due to Risk Appetite, Domestic Data

The Swiss franc fell today as continuously rising yields and risk appetite made investors less interested in currencies considered to be safe. The Swissie lost even to the Japanese yen — another currency considered to be a safe haven. Switzerland’s macroeconomic data was poor, adding to pressure on the Swiss currency.

Japanese Yen Rebounds as Traders Turn Towards Safer Currencies

It looks like the positive market sentiment has been turning around as riskier currencies reversed their previous gains during Tuesday’s trading session, while safer ones recovered. As a result, the Japanese yen gained against almost all most-traded currencies, except for the Swiss franc — another safe-haven currency.

Japanese Yen Mixed After Manufacturing Slips into Decline

The Japanese yen was mixed today after data showed that Japan’s manufacturing industry slipped into recession last month. Monday’s trading session had no clear trend, except for the fact that European majors were extremely weak, following the Swiss franc in decline.

Japanese Yen Weakest as Traders Don’t Feel Need for Safety

The Japanese yen was the weakest major currency on the Forex market today as traders did not feel a need for safety, dumping the currency. Surprisingly, the Swiss franc avoided a similar fate despite also being considered a safe-haven currency.

Swiss Franc Strong, Defying Fundamentals

The Swiss franc was the strongest currency on the Forex market today, rising against all other most-traded rivals. That was a very puzzling performance, considering that news neither from Switzerland nor from abroad was positive for the currency.

Yen Weakest Despite Better-than-Expected Domestic Reports

The Japanese yen was the weakest major currency on the Forex market today, falling against all other most-traded rivals. Domestic macroeconomic data could not be the catalysts for the decline: it was not particularly good but not extremely terrible either. In fact, most of the reports beat expectations.

Swiss Franc Gains After Positive GDP & Manufacturing PMI Reports

The Swiss franc logged gains versus a basket of currencies today, getting help from positive domestic macroeconomic reports. Economists do not expect tomorrow’s data to be good, though.

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.

Swiss Franc Soft as Markets Relish Biden Victory, Coronavirus Vaccine News

Risk appetite reined over markets at the start of the week, driving investors towards riskier currencies and away from safer ones. Surprisingly, the US dollar did not fare that poorly, but the Swiss franc was clearly a victim of the risk-on market sentiment. The only major currency that performed even worse than the Swissie was the Japanese yen.

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