USD/CHF: Franc trading marginally higher with focus on Swiss unemployment rate data

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.44% against the CHF and closed at 0.8878. The Swiss Franc rose as traders cheered Switzerland’s consumer inflation data, which showed that consumer price index registered a flat … Continue reading

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USD/CHF: Franc trading tad lower ahead of Swiss consumer inflation data

USDCHF Movement On Friday, the USD rose 0.12% against the CHF and closed at 0.8920. In the Asian session, at GMT0300, the pair is trading at 0.8923, with the USD trading marginally higher from Friday’s close. The pair is expected … 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 0.46% against the CHF and closed at 0.8908. In the Asian session, at GMT0300, the pair is trading at 0.8923, with the USD trading 0.17% higher from yesterday’s … Continue reading

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USD/CHF: Swiss Franc continues to trade lower in the Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CHF and closed at 0.8866 In the Asian session, at GMT0300, the pair is trading at 0.8873, with the USD trading 0.10% higher from yesterday’s … Continue reading

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USD/CHF: Swiss SVME PMI declined to a three-month low reading of 54.4 in March

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CHF and closed at 0.8835. In economic news, the Swiss SVME – purchasing managers’ index fell to a three-month low reading of 54.4 in March, … Continue reading

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USD/CHF: Minimum exchange rate on the Franc remains the right policy for the Swiss economy, says SNB Chief, Jordon

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.29% against the CHF and closed at 0.8845. Yesterday, in an interview with the Wall Street Journal, the SNB Chief, Thomas Jordan, stated that the minimum exchange rate … Continue reading

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USD/CHF: Franc trading tad lower ahead of the release of the Swiss KOF leading indicator

USDCHF Movement On Friday, the USD rose marginally against the CHF and closed at 0.8869. In the Asian session, at GMT0300, the pair is trading at 0.8870, with the USD trading marginally higher from Friday’s close. The pair is expected … Continue reading

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USD/CHF: SNB prepared to use negative interest rate to defend its cap on the CHF, says SNB’s Fritz Zurbruegg

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CHF and closed at 0.8864. Yesterday, a Swiss National Bank (SNB) Board member, Fritz Zurbruegg, indicated that the central bank is prepared to use a … Continue reading

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USD/CHF: Swiss UBS consumption indicator rose in February

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CHF and closed at 0.8850, as traders cheered an upbeat US durable goods orders data for February. In Switzerland, the UBS consumption indicator rose to … 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 0.25% against the CHF and closed at 0.8831, as traders cheered an upbeat US consumer confidence data for March. In the Asian session, at GMT0400, the pair is … Continue reading

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USD/CHF: SNB should consider negative interest rate to counter Swiss Franc’s strength, says IMF

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CHF and closed at 0.8809, hurt by a lacklustre US Markit manufacturing PMI data. Yesterday, the IMF urged the Swiss National Bank (SNB) to stick … Continue reading

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