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USD/CHF: Swiss Franc trading lower in the Asian session
USDCHF Movement On Friday, the USD declined 0.12% against the CHF and closed at 0.8825. In the Asian session, at GMT0400, the pair is trading at 0.8830, with the USD trading 0.06% higher from Friday’s close. The pair is expected … Continue reading
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USD/CHF: SNB kept its interest rate unchanged at 0.0% and vowed to maintain its cap on Swiss Franc
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CHF and closed at 0.8836, as an upbeat weekly jobless claims data and lingering optimism from the Fed Chief, Janet Yellen’s yesterday’s hawkish view on … Continue reading
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USD/CHF: Swiss Franc’s safe-haven perception presents a challenge to monetary policy, says SNB Chief, Thomas Jordan
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.98% against the CHF and closed at 0.8819, following the Fed’s decision to trim its stimulus measure by yet another $10 billion. Traders also cheered the Fed Chief, … Continue reading
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USD/CHF: Swiss economy to gain momentum in next two years, SECO
USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.8733. Yesterday, the Swiss State Secretariat for Economic Affairs (SECO) reaffirmed its previous assessment of the economic upturn in Switzerland and … 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 0.13% against the CHF and closed at 0.8735, following an upbeat US industrial production data. Yesterday, a monthly survey from Bloomberg, showed that majority of the economists believed … Continue reading
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USD/CHF: Swiss Franc pares its gains in the Asian session
USDCHF Movement On Friday, the USD declined 0.27% against the CHF and closed at 0.8727. On the economic front, producer and import prices in Switzerland fell 0.4% (MoM) in February, contradicting market expectations for the prices to remain unchanged at … 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 0.08% against the CHF and closed at 0.8750, as traders cheered the latest batch of upbeat economic data from the US. In the Asian session, at GMT0400, the … 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 declined 0.38% against the CHF and closed at 0.8743. In the Asian session, at GMT0400, the pair is trading at 0.8730, with the USD trading 0.15% lower from yesterday’s … Continue reading
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USD/CHF: Swiss industrial production rose less than expected in the fourth quarter
USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.8776. In economic news, Swiss industrial production rose 0.4% (QoQ) in the fourth quarter, failing to meet market expectations for a … Continue reading
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USD/CHF: Swiss real retail sales slows in January
USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.8778. Yesterday, the Swiss Federal Statistics Office reported that real retail sales in the nation rose 0.3% (YoY) in January, way … Continue reading
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USD/CHF: Unemployment rate in the Swiss economy stood pat in February
USDCHF Movement On Friday, the USD declined 0.28 % against the CHF and closed at 0.8777. In economic news, on a seasonally adjusted basis, unemployment rate in Switzerland remained unchanged at previous month’s level of 3.2% (MoM) in February, broadly … Continue reading
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