USD/CHF: Swiss Franc trading on a weaker footing this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 2.25% against the CHF and closed at 0.8798. In economic news, producer and import prices in Switzerland dropped 0.4% on a monthly basis in December, compared to a … Continue reading

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USD/CHF: ‘Loss of cap would not stress the Swiss economy’, Finance Minister, Eveline Widmer-Schlumpf

USDCHF Movement On Friday, the USD rose 0.13% against the CHF and closed at 0.8552. The Swiss Franc came under pressure, after real retail sales in Switzerland fell 1.2% on an annual basis in November. In the previous month, real … Continue reading

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USD/CHF: The SNB lifted Swiss Franc’s minimum exchange rate

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 16.16% against the CHF and closed at 0.8541. The Swiss Franc traded on a stronger footing after the SNB in a surprise move removed its cap of 1.20 … 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 0.09% against the CHF and closed at 1.0187. In the Asian session, at GMT0400, the pair is trading at 1.0193, with the USD trading a tad higher from … Continue reading

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USD/CHF: Swiss Franc extends its losses this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.43% against the CHF and closed at 1.0197. In the Asian session, at GMT0400, the pair is trading at 1.0199, with the USD trading marginally higher from yesterday’s … Continue reading

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USD/CHF: Swiss Franc reverses its losses this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.29% against the CHF and closed at 1.0153, rebounding from its previous session losses. Yesterday, the SNB Vice Chairman, Jean Pierre Danthine stated in an interview that the … Continue reading

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USD/CHF: Swiss Franc trading on a stronger footing this morning

USDCHF Movement On Friday, the USD declined 0.45% against the CHF and closed at 1.0143. On the macro front, consumer prices in Switzerland slid more than expected 0.5% on a MoM basis in December, against market expected decline of 0.4% … Continue reading

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USD/CHF: Swiss Franc trading higher ahead of Switzerland’s jobless rate data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.39% against the CHF and closed at 1.0189. In the Asian session, at GMT0400, the pair is trading at 1.0175, with the USD trading 0.14% 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 0.38% against the CHF and closed at 1.0149. Yesterday’s data showed that Swiss foreign currency reserves expanded more than anticipated to CHF495.1 billion, against market expectations of an … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the CHF and closed at 1.0111. In the Asian session, at GMT0400, the pair is trading at 1.0114, with the USD trading a tad higher from … Continue reading

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USD/CHF: Cap on Swiss Franc is important, SNB’s Jordan

USDCHF Movement For the 24 hours to 23:00 GMT, the USD traded flat against the CHF and closed at 1.0069. Yesterday, data revealed that the Swiss SVME PMI edged up to a level of 54.0 in December, compared to previous … Continue reading

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