EUR/CHF — News Archive

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Swiss Franc Dips As Markets Confident on US-China Trade Progress

The Swiss franc is trading slightly lower on Thursday as investors are confident that the US-China trade negotiations are progressing, a development that would diminish the franc’s safe-haven appeal. The near-term trend might please the central bank amid efforts to fight the currency’s overvaluation. But is it enough to prevent further monetary easing? Analysts suggest that it is not.

Swiss Franc Mixed As Retail Sales, Manufacturing Slump

The Swiss franc is mixed against currency competitors on Thursday after new data highlighted a slumping retail sector and a bearish manufacturing industry. Despite the central bank trying to do everything it can to debase the franc, investors are still pouring into the safe-haven asset and boosting the franc’s value.

Euro Softer After Slew of Macroeconomic Reports

The euro fell against the US dollar as well as some other major currencies after the release of a slew of macroeconomic reports in Europe today. Market experts attributed the euro’s decline to the weaker-than-expected inflation data. Unemployment reports, on the other hand, were surprisingly good.

Swiss Franc Rallies As Investors Pour Into Safe-Haven Currency

The Swiss franc is rallying midweek against multiple major currencies as investors are pouring into the safe-haven currency. With the central bank refusing to follow other institutions in easing monetary policy, traders were enthusiastic about the nation’s ability to weather the coming economic storm clouds, especially after the government slashed economic growth projections for 2019.

Swiss Franc Rallies After SNB Leaves Interest Rates Unchanged

The Swiss franc rallied today after the Swiss National Bank kept monetary policy unchanged. However, the main reason for the Swissie’s rally was the market sentiment that favored safer currencies.

Euro Jumps as German Economic Sentiment Improves Sharply

The euro rallied today after the release of positive economic sentiment figures for Germany as well as the whole eurozone. But economists are worried that the eurozone economy is still extremely vulnerable and the improvement of the sentiment does not reflect the underline strength of the economic activity.

Swiss Franc Strong Despite Unfavorable Market Sentiment, Falling PPI

The Swiss franc was strong today, which was a surprising turn of events considering that the market sentiment was unfavorable to safe currencies. Domestic macroeconomic data could not explain the strength of the currency as it was not good, though within expectations.

Euro Stable Despite Poor Eurozone Data, ECB Policy Outlook

The euro fell a bit versus some rivals but was about flat versus most of them on Tuesday. That was a surprisingly good performance considering that eurozone macroeconomic data released during Tuesday’s session was universally bad. The monetary policy outlook was also negative for the currency.

Euro Rallies on Positive Data, Remains Vulnerable Ahead of ECB

The euro rallied against most major currencies today. Some analysts attributed the rally to reports that Germany plans to stimulate its economies. Others pointed at today’s positive data as the main catalysts of the euro’s advance. The rally may be short-lived, though, as most market participants are not bullish on the euro ahead of this week’s European Central Bank monetary policy meeting.

Positive GDP Print Doesn’t Help Swiss Franc

The Switzerland franc was weak today despite better-than-expected economic growth in Switzerland. The problem for the currency was the positive market sentiment, which reduced the Swissie’s appeal in the role of a safe currency.

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