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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 After Poor Economic Data

The Swiss franc was either flat or lower against the majority of most-traded currencies today even though markets were under influence of uncertainty and risk aversion. Rather bad domestic macroeconomic data was not helping the currency of Switzerland at all.

Franc Weak Despite Near-Record Jump of KOF Economic Barometer

The Swiss franc fell against almost all of the most-traded currencies today despite the near-record jump of the KOF Economic Barometer. The Swissie managed to gain only against the currencies that were weak themselves, like the US dollar, dragged down by yesterday’s speech of Federal Reserve Chairman Jerome Powell, and the Canadian dollar, which suffered from a sharp economic downturn in Canada.

Swiss Franc Among Strongest Despite Negative Domestic Data

The Swiss franc was one of the strongest currencies today, rising against almost all other most-traded rivals. The only exception was the Great Britain pound, which managed to hold its ground versus the franc. Even very negative domestic data did not prevent the currency of Switzerland from rising.

Coronavirus Fears Make Swiss Franc Strongest on Forex Market

The Swiss franc was the strongest currency on the Forex market today, followed by the Japanese yen. Risk aversion was ruling markets as the coronavirus, which originated in China, continued to spread. Fears resulted in a rising demand for safe currencies, like the Swissie and the yen. Domestic economic data provided additional support for the currency of Switzerland.

KOF Economic Barometer Drops Unexpectedly, Swiss Franc Fails to Attract Demand

The Swiss franc was rather soft today, falling against some major rivals and trading flat versus others. It looked like traders felt no need to buy safer currencies despite increasing tensions between the United States and China over Hong Kong protests and their potential negative impact on chances of reaching a trade deal. Domestic macroeconomic data did not help the Swissie either as the report released today […]

Swiss Franc Soft Despite Stable KOF Barometer

The Swiss franc was rather weak today, though it managed to gain on the euro, which itself was soft. Domestic macroeconomic data was decent but did not provide the Swissie much boost.

Swiss Franc Loses Gains, Domestic Data Doesn’t Help

The Swiss franc attempted to rally today but by now has lost its gains against almost all of its most-traded rivals, with the exception of the euro. Domestic macroeconomic data was not helpful to the currency.

Franc Gains on US-China Trade War, Ignores Domestic Data

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.

Swiss Franc Soft After Disappointing Macroeconomic Releases

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

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