USD/CHF — News Archive

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US Dollar Jumps on Hopes for Tax Cuts as Senate Passes Budget Blueprint

The US dollar jumped today, registering the biggest daily gain in a month, due to the hopes for the tax reform promised by US President Donald Trump.

Dollar Goes Lower, Waits for Economic Data

The US dollar fell against its most-traded peers during the Tuesday’s trading session as dollar bulls struggled to find a new catalysts for a rally. Economic data released over the rest of the week may provide such catalysts if it turns out good.

US Dollar Ends Week as Strongest Currency Despite Falling Employment

The US dollar ended the week as the strongest major currency as market participants considered an interest rate hike from the Federal Reserve in December almost guaranteed.

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.

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