USD/CHF: Swiss Franc reverses its losses this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.28% against the CHF and closed at 0.9345. In the Asian session, at GMT0300, the pair is trading at 0.9335, with the USD trading 0.1% lower from yesterday’s … Continue reading

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USD/CHF: The SNB will intervene in the market if required, indicated the Chairman, Thomas Jordan

USDCHF Movement On Friday, the USD rose 0.95% against the CHF and closed at 0.9312. The Swiss Franc lost ground, after Switzerland’s CPI surprisingly slid 0.2% on a monthly basis in April, compared to a 0.1% rise and following an … Continue reading

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USD/CHF: Swiss Franc trading lower ahead of the SNB President’s speech

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.67% against the CHF and closed at 0.9225, rebounding from its previous session losses. In economic news, Switzerland’s SECO consumer confidence index remained unchanged at -6.0 in April, … Continue reading

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USD/CHF: Swiss Franc trading on a weaker footing ahead of Switzerland’s SECO consumer confidence data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.23% against the CHF and closed at 0.9163, after the private sector employment in the US advanced less than expected in April. In the Asian session, at GMT0300, … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.71% against the CHF and closed at 0.9277. In the Asian session, at GMT0300, the pair is trading at 0.9261, with the USD trading 0.17% lower from yesterday’s … Continue reading

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USD/CHF: Swiss Franc extends its losses in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CHF and closed at 0.9344. In economic news, Switzerland’s SVME manufacturing PMI remained steady at a level of 47.90 in April, lower than market expectations … 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 0.69% against the CHF and closed at 0.9335. On the macro front, Switzerland’s KOF economic barometer unexpectedly fell to a level of 89.50 in April. In the prior … Continue reading

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USD/CHF: Swiss Franc trading marginally lower ahead of Switzerland’s KOF leading indicator data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 1.67% against the CHF and closed at 0.9399, on the back of downbeat annualized GDP data in the US. The Swiss Franc gained ground, after Switzerland’s UBS consumption … Continue reading

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USD/CHF: Swiss Franc trading lower ahead of Switzerland’s UBS consumption indicator data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CHF and closed at 0.9559. In the Asian session, at GMT0300, the pair is trading at 0.9563, with the USD trading marginally higher from yesterday’s … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CHF and closed at 0.9553. Yesterday, data showed that the SNB’s sight deposits stood at CHF385.899 billion in the week ended 24 April, up from … Continue reading

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

USDCHF Movement On Friday, the USD declined 0.16% against the CHF and closed at 0.9541. The SNB Chairman, Thomas Jordan stated that the Swiss Franc still remained overvalued, adding that the central bank would be forced to intervene in near … Continue reading

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