USD/CHF — News Archive

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Swiss PPI Falls Less than Expected, Franc Soft

The Swiss franc was soft today even though the Producer Price Index fell last month less than was expected.

US Dollar Mixed After Fed Cut, Escalation of Tensions Between US & China

It was expected that the monetary policy decision of the Federal Reserve would be the major event this week. While the Fed had indeed a big impact on markets, ultimately it was overshadowed by new developments in the US-China trade conflict. The resulting risk aversion allowed the US dollar to rise against riskier commodity currencies but drove the greenback down versus safer currencies.

Swiss Franc Ignores Falling Consumer Prices

The Swiss franc rallied against other most-traded currencies today despite falling consumer prices in Switzerland. Risk aversion was the reason for the currency’s strength.

Swiss Franc Flat As Trade Surplus Balloons in June

The Swiss franc is trading relatively flat against some of its currency rivals on Thursday as some recent economic data are pushing up the safe-haven asset. While not consider the global beacon of exports, Switzerland has enjoyed a significant jump last month, helping it experience the biggest trade surplus in more than two years. With Zurich engaged in terse discussions with the European Union (EU), this could […]

Swiss Franc Opens Higher, Mixed Afterwards

The Swiss franc opened sharply higher against its major rivals today. While it fell from the opening level against some peers, the Swissie gained on others. Domestic macroeconomic data was negative to the currency.

Swiss Franc Strong amid Risk Aversion, Falling Unemployment

The Swiss franc, as well as other safe currencies like the US dollar and the Japanese yen, were extremely strong on Tuesday amid speculations whether the Federal Reserve will cut interest rates this year and how much. Domestic macroeconomic data was also supportive of the Swissie.

Swiss Franc Strong After Inflation Beats Expectations

The Swiss franc was strong during today’s subdued trading. Domestic inflation data released over the trading session was supportive to the currency.

US Dollar Stands Ground vs. Majors After ADP Employment Misses

The US dollar was soft versus riskier commodity currencies but stood ground against majors. The greenback was especially strong against European majors such as the euro, the Great Britain pound, and the Swiss franc. The main hurdle for the US currency today was the disappointing employment report from Automatic Data Processing.

Swiss Franc Strong Despite Comments from Zurbruegg

The Swiss franc gained on most major currencies today even after the central bank’s officials continued to signal that extremely loose monetary policy will remain in place in the foreseeable future.

Swiss Franc Loses Gains, Domestic Data Doesn’t Help

The Swiss franc attempted to rally today but by now has lost its gains against almost all of its most-traded rivals, with the exception of the euro. Domestic macroeconomic data was not helpful to the currency.

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