USD/CHF: Switzerland’s economic growth will likely slowdown in 2017: KOF Institute

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CHF and closed at 0.9694 on Friday. The KOF Economic Institute, in its Summer Forecast, reduced Switzerland’s economic growth forecast to 1.3% for 2017, down … Continue reading

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USD/CHF: Swiss trade surplus rose in May

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CHF and closed at 0.9719. On the economic front, Switzerland trade surplus widened to a level of CHF3.40 billion in May, as exports grew faster … Continue reading

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USD/CHF: Swiss Franc extends its gains in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.2% against the CHF and closed at 0.9724. In the Asian session, at GMT0300, the pair is trading at 0.9722, with the USD trading marginally lower against the … Continue reading

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USD/CHF: SECO Cuts Switzerland’s economic growth forecast for 2017

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.07% against the CHF and closed at 0.9748. Yesterday, the State Secretariat for Economic Affairs (SECO), in its quarterly economic forecasts report, trimmed Switzerland’s 2017 growth outlook by … Continue reading

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USD/CHF: Swiss Franc trading marginally higher in the morning session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CHF and closed at 0.9755. On the economic front, Switzerland’s total sight deposits rose to a level of CHF577.4 billion in the week ended 16 … Continue reading

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USD/CHF: Swiss Franc reverses its gains in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.23% against the CHF and closed at 0.9728 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9737, with the USD trading 0.09% higher … Continue reading

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USD/CHF: Swiss National Bank (SNB) left its key interest rate unchanged

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the CHF and closed at 0.9750. Yesterday, the Swiss National Bank (SNB) held its key interest rate steady at -0.75%, meeting market expectations, citing strength in … Continue reading

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USD/CHF: Swiss Franc trading a tad higher, ahead of SNB’s interest rate decision

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CHF and closed at 0.9713. In the Asian session, at GMT0300, the pair is trading at 0.9712, with the USD trading slightly lower against the … Continue reading

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USD/CHF: Swiss Franc trading a tad higher in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD traded flat against the CHF and closed at 0.9688. In the Asian session, at GMT0300, the pair is trading at 0.9686, with the USD trading marginally lower against the … Continue reading

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USD/CHF: Swiss Franc trading on a weaker footing in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.9688. In economic news, Switzerland’s total sight deposits inched up to a level of CHF576.4 billion in the week ended 09 … Continue reading

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USD/CHF: Swiss Franc trading marginally higher this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CHF and closed at 0.9691 on Friday. In the Asian session, at GMT0300, the pair is trading at 0.9686, with the USD trading slightly lower … Continue reading

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