Switzerland — News Archive

    Archives

Swiss Franc Soft Despite Accelerating Inflation

The Swiss franc was not particularly strong today and actually fell against other safe-haven currencies even though the report released during the trading session showed that inflation accelerated in Switzerland last month.

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.

Swiss Franc Vulnerable Without Help from Risk Aversion

The Swiss franc was weak today as risk aversion on the market has petered out, making traders less interested in safety provided by the currency. Switzerland’s macroeconomic reports were not supportive to the currency either.

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.

Swiss Franc Demonstrates Uninspiring Perfomance

The Swiss franc’s performance was not impressive today despite the widening trade balance surplus. The Swissie fell against the US dollar and was little changed against most other rivals.

Dollar’s Bearish Trend Persists amid Negative Fundamentals

The US dollar was among the weakest currencies during the past trading week due to a range of bearish factors that made the greenback unappealing to investors.

Swiss Franc Drops as Traders Seek Assets with Higher Yield

The Swiss franc dropped today as the market sentiment was not favorable to currencies considered to be a safe haven.

Swiss Franc Reverses Rally After Disappointing PPI

The Swiss franc started the current trading session rising but reversed its movement about the same time as the disappointing Producer and Import Price Index was released. The traders’ risk-positive mentality did not help the currency either.

Navigation

Menu