EUR/CHF — News Archive

The euro was soft today. While the currency managed to gain on the US dollar thanks to the dovish Federal Reserve, unfavorable domestic macroeconomic data prevented the euro from rising against other most-traded rivals.

The Swiss franc rallied today on the back of risk aversion on the Forex market. The currency largely ignored the monetary policy meeting of the Swiss National Bank and somewhat disappointing domestic macroeconomic data.

The euro was relatively firm today following the release of unexpectedly poor eurozone investor confidence print. While the shared 19-nation currency fell versus some of stronger rivals, like the Great Britain pound, it managed to gain on many other most-traded counterparts.

The Swiss franc gained on its most-traded peers today as the trade war between the United States and China continued to make investors nervous, driving them towards safer currencies. Wednesday’s negative domestic macroeconomic data did not hurt the Swissie much.

The Swiss franc is sliding against some of its major currency rivals midweek. For the last week, the franc has been advancing as investors seek out safe-haven assets during the escalation in the US-China trade spat. The franc has ostensibly come back down to earth on recent economic data.

The euro attempted to rally today but reversed movement against most of its rivals later, erasing gains against some of them outright. Traders remained cautious about the ongoing US-China trade conflict, while mixed macroeconomic data was not helping the currency either.

The Swiss franc managed to gain on the euro today but was generally soft against other currencies. The deteriorating consumer sentiment was not helping the Swissie at all.

The Swiss franc was soft today following the release of disappointing macroeconomic data in Switzerland.

The Swiss franc is rebounding on Thursday after being the worst performing major currency in April. Posting huge losses against some of its most publicly traded rivals, the franc is taking a breather and recording modest gains towards the end of the trading week. With very little domestic economic data, the franc is taking its direction on global cues.

The Swiss franc was soft today amid mild risk appetite on the Forex market. Market analysts speculated that traders were more willing to risk due to hopes for a Sino-US trade deal in the near future. Decent domestic macroeconomic data did not help the Swissie.