Switzerland — News Archive

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Swiss Franc Falls Below 1.20 Against Euro

The Swiss franc fell below the historically important level of 1.20 versus the euro as the risk appetite drove investors away from safe currencies. Still, Swiss National Bank Chairman Thomas Jordan saw no reason to abandon the extremely loose monetary policy.

Swiss Franc Gains After Inflation Report

The Swiss franc gained on its most-trade rivals, though not on the US dollar, today after the release of a good inflation print.

Swiss Franc Loses Gains Caused by Trade War Fears

The Swiss franc rose intraday during the current trading session on fears of trade wars, particularly between the United States and China, but has lost its gains by now.

Swiss Franc Vulnerable Despite Positive Fundamentals

The Swiss franc slipped versus the US dollar today despite supportive fundamentals. Against other currencies, the Swissie was mixed.

Swiss Franc Drops as SNB Keeps Monetary Stimulus

The Swiss franc slipped today after the nation’s central bank kept monetary policy unchanged and showed not intention to tighten its unconventional accommodative policy.

Swiss Franc Bounces on Risk Aversion, Unable to Beat EUR & JPY

The Swiss franc was falling today following the release of domestic macroeconomic data. The currency managed to reverse losses later thanks to risk aversion caused by announcement of import tariffs by the United States. The Swissie could not overcome the euro and the Japanese yen, though.

Swiss Franc Falls vs. Dollar & Euro Following Manufacturing PMI

The Swiss franc fell against the US dollar and the euro today despite the better-than-expected manufacturing report released in Switzerland during the trading session.

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.

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