USD/CHF — News Archive

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Franc Flat-to-Higher Despite Downgrade of SNB Inflation Forecast

The Swiss franc was relatively strong today, trading flat against some currencies while gaining versus others. That was surprising, considering that the central bank left interest rates in the negative territory and lowered inflation projections.

US Dollar Declines amid Falling Treasury Yields, Disappointing Employment Data

The US dollar declined against its major peers today despite the risk-negative sentiment. Market analysts explained the drop by falling Treasury yields and disappointing employment data.

Swiss Franc Gains Despite Slowing CPI

The Swiss franc was behaving similar to the Japanese yen today, rising against its rivals due to waning risk appetite. Negative domestic macroeconomic data was unable to prevent the rally.

Positive Market Sentiment Does Not Prevent Rally of Swiss Franc

The Swiss franc gained today even though the market sentiment was favorable to riskier currencies, not the safer ones. Domestic macroeconomic data was positive but did not seem to play a part in the currency’s rally.

Swiss Franc Declines as Economic Barometer Falls Below Expectations

The Swiss franc declined today following the release of underwhelming macroeconomic data. While the currency actually gained immediately after the release, the rally was short-lived, and the Swissie retreated afterwards.

Swiss Franc Declines After GDP Unexpectedly Contracts

The Swiss franc dropped today as Switzerland’s economic growth halted unexpectedly. The currency did not react to the report immediately, moving largely sideways for some time, but declined sharply later.

Swiss Franc Weakens on Trade War Concerns, Bearish Monetary Policy Forecasts

The Swiss franc is weakening against the greenback on Thursday after the central bank warned that the trade war could rock the currency. A central bank official also encouraged investors to hold tight because a tighter monetary policy is still far away from being realized. That said, officials believe the franc remains highly valued in the global financial markets.

US Dollar Mostly Weak but Gains on Safe Currencies

The US dollar was generally weak today as risk appetite made investors seek riskier currencies with higher yield. For the same reason the greenback gained on safe currencies, like the Japanese yen and the Swiss franc.

US Dollar Soft After Retail Sales Miss Expectations

The US dollar opened sharply higher against a range of other most-traded currencies today on the back of risk aversion. Currently, though, the greenback is weak due to retail sales missing expectations and geopolitical tensions.

Swiss Franc Gains as Safe Currencies Back in Favor

The Swiss franc climbed today, joining the Japanese yen in a rally, as risk aversion returned to markets. That brought safe currencies back in favor of market participants.

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