Switzerland — News Archive

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.

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

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.

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.