CHF/JPY — News Archive

The Swiss franc was not particularly strong today and actually fell against other safe-haven currencies even though the report released during the trading session showed that inflation accelerated in Switzerland last month.

The Swiss franc was weak today as risk aversion on the market has petered out, making traders less interested in safety provided by the currency. Switzerland’s macroeconomic reports were not supportive to the currency either.

The Japanese yen was little changed today after a report from Markit showed that growth of Japan’s manufacturing sector slowed unexpectedly this month.

The Japanese yen fell today after the nation’s trade balance missed expectations.

The Swiss franc was mixed after today’s policy announcement from the Swiss National Bank and the release of the Producer Price Index. The currency gained on the euro and the Japanese yen but fell versus the US dollar and the Great Britain pound.

The Swiss franc fell against the US dollar and the Japanese yen but gained versus the Great Britain pound and the euro by the end of the Thursday’s session.

The Japanese yen fell during the current trading session following the barrage of economic reports in Japan today and yesterday’s policy meeting of the Bank of Japan.

The Japanese yen was little changed against the US dollar but fell against the euro and the Swiss franc during the current trading session due to unfavorable macroeconomic data and a surprise statement from the Bank of Japan chief.

The Japanese yen did not move far following the release of macroeconomic data from Japan and the Summary of Opinions at the central bank’s January policy meeting.

The Japanese yen demonstrated a strong performance today amid risk aversion caused by uncertainty about future policies of US President Donald Trump. Indeed, his immigration ban has already caused big confusion and uproar.