EUR/CHF — News Archive

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Swiss Franc Mixed After Economic Data

The Swiss franc was mixed today, rising against some currencies, falling against others, and staying flat versus the US dollar. That was not surprising, considering that Switzerland’s economic data released over the trading session was mixed as well.

Swiss Franc Supported by Low Unemployment

The Swiss franc was flat against some currencies and rose versus others today as a report showed that unemployment in Switzerland remained extremely low.

Swiss Franc Shrugs Off Poor Domestic Data

Economic data released in Switzerland today was rather poor, but that did not prevent the Swiss franc from rising against its most-traded peers during the current trading session. The possible reason for the good performance was risk aversion ahead of today’s important events.

Euro Flat in Anticipation of Economic Data & ECB

The euro was mostly flat today as markets turned their attention away from politics towards the next week’s European Central Bank policy meeting and economic data that may influence the ECB decision.

Euro Weak amid ECB Uncertainty

The euro fell against its most-traded rivals today, reversing gains versus the Great Britain pound that were registered earlier during the current trading session. The exception was the Swiss franc, against which against the euro rallied for the fifth straight day, though the gains were small and may yet turn to losses by the end of Thursday’s trading (update: EUR/CHF trades at the opening level currently).

Euro Stable After Catalan Independence Referendum

Political crisis in Spain led to worries among investors and drove prices for European assets down. Yet the euro was showing muted reaction to the news so far.

Swiss Franc Gets Boost from Positive Outlook for Economy

The Swiss franc gained on its rivals, though not on the euro, thanks to data that revealed a favorable outlook for the Swiss economy.

Swiss Franc Sees No Support from North Korean Missile Launch

The Swiss franc was stable today against some majors and continued to fall versus the very strong Great Britain pound. North Korea launched yet another missile, but that had little impact on markets, showing that market participants feel no need for safety. With that said, currently the franc is starting to move higher.

USD/CHF Rises Because of Economic Data, Improving Sentiment

The Swiss franc fell against the US dollar today due to positive macroeconomic data from the United States and the improving market sentiment. Switzerland’s own economic indicators were not helping the currency either.

Traders Seek Safety After North Korea Fires Missile Over Japan

Forex traders were seeking safe options during the current trading session after North Korea fired a ballistic missile over Japan. Safe currencies like the Swiss franc and the Japanese yen profited as a result.

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