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USD/CHF: Swiss Franc steady against the greenback in the Asian session
USDCHF Movement On Friday, the USD declined 0.28% against the CHF and closed at 0.8910. In Switzerland, the KOF leading indicator rose to a reading of 100.4 in June, from a revised 100.1 reading in May, snapping a three-month losing … Continue reading
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USD/CHF: Maintaining a cap on the Swiss Franc remains an appropriate policy measure, says, SNB President, Jordon
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CHF and closed at 0.8935. Yesterday, the SNB Chief, Thomas Jordan, through an article in the Global Public Investor 2014 report, indicated that the Swiss … Continue reading
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USD/CHF: Swiss Franc trading marginally higher against the greenback in the morning session
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CHF and closed at 0.8928, as the US economy shark more than market expectations for the first quarter of 2014. On the economic front, the … Continue reading
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USD/CHF: Swiss Franc steady ahead of UBS consumption data
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.8941. In economic news, the Swiss Bankers Association, following SNB’s and the IMF’s repeated warning, agreed to curbed some of its … Continue reading
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USD/CHF: Swiss Franc trading lower ahead of Switzerland’s May trade balance data
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CHF and closed at 0.8945. In economic releases, data showed that Swiss M3 money supply rose 7.6% (YoY) in May, following an 8.0% (YoY) increase … Continue reading
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USD/CHF: Swiss Franc trading modestly higher against its US counterpart in the Asian session
USDCHF Movement On Friday, the USD rose 0.22% against the CHF and closed at 0.8960. In the Asian session, at GMT0300, the pair is trading at 0.8950, with the USD trading 0.11% lower from Friday’s close. The pair is expected … Continue reading
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USD/CHF: SNB ready to act in wake of ECB recent policy actions, says SNB President, Thomas Jordan
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.26% against the CHF to close at 0.8940. Yesterday, the SNB President, Thomas Jordan, at a press conference following the central bank’s decision to keep its interest rate … Continue reading
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USD/CHF: Swiss Franc trading a tad higher ahead of the SNB’s interest rate decision
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CHF and closed at 0.8963. In economic releases, the ZEW survey on the economic expectation from the Swiss economy fell to an 11-month low reading … Continue reading
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USD/CHF: SECO slashed its growth projections on the Swiss economy for 2014 and 2015
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CHF and closed at 0.8993, as traders cheered a better-than-expected US consumer inflation data. In Switzerland, producer and import price index fell 0.8% (YoY) for … Continue reading
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USD/CHF: Swiss Franc trading modestly lower in the Asian session
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.39% against the CHF and closed at 0.8971. In the Asian session, at GMT0300, the pair is trading at 0.8983, with the USD trading 0.13% higher from yesterday’s … Continue reading
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USD/CHF: Swiss Franc trading a tad higher, following Friday’s loss
USDCHF Movement On Friday, the USD rose 0.20% against the CHF and closed at 0.9002. On the economic front, the Swiss KOF Institute, in its summer economic forecasts report, slashed its 2014 and 2015 growth-outlook for the Swiss economy to … Continue reading
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