Switzerland — News Archive

The Swiss franc was in spotlight today, being the strongest currency on the Forex market. The reason for that was geopolitical tensions in Middle East.

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 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 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.

The Swiss franc was mixed midweek as the currency was data-dependent against some of its major rivals. Investors combed through numbers that found higher-than-expected inflation, lower-than-expected manufacturing activity, and commendable retail sales figures.

The Swiss franc rallied against most major currencies today, with the exception of the US dollar, which was rebounding after yesterday’s losses. Markets largely ignored the monetary policy meeting of the Swiss National Bank.