Switzerland — News Archive

The market sentiment was positive to risky currencies today, driving the Swiss franc down against its most-traded counterparts.

The Swiss franc rose today after the speech of the central bank’s chief even as some economic forecasts for Switzerland were revised down.

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 Swiss franc managed to gain on some of its most-traded counterparts during the current trading session, even though domestic macroeconomic data was detrimental to the currency.

The Swiss franc fell against the US dollar today as Switzerland’s gross domestic product missed economists’ expectations. Against other most-traded counterparts, the currency was either flat or higher.

The Swiss franc gained on the US dollar during the current trading session. The Swissie fell against the euro, but its daily high was near the highest level since the Brexit announcement.

The Swiss franc was mixed today, rising against the Great Britain pound, falling versus the euro, and staying mostly flat against the US dollar (though the Swiss currency has moved lower versus the greenback just now). The Swissie, as well as most other currencies, did not move far due to slow trading ahead of the holiday.

The Swiss franc was generally soft today (though not against the euro) after the Swiss National Bank kept interest rates in the negative territory and reiterated that it will continue to intervene on the currency markets to weaken the Swissie.

The Swiss franc gained against most of its major rivals today after the Producer Price Index demonstrated an unexpected increase and economic sentiment for Switzerland improved.