USD/CHF: Swiss third quarter GDP surpassed market estimates for the third quarter

For the 24 hours to 23:00 GMT, the USD declined 0.24% against the CHF and closed at 0.9061, amid thin-holiday trade. Meanwhile, the Swiss Franc gained ground against its US counterpart, after an official report confirmed that Switzerland’s gross domestic … Continue reading

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

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CHF and closed at 0.9084. On the economic front, the Swiss UBS consumption indicator for October retreated to 1.28 from a reading of 1.56 reported … Continue reading

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USD/CHF: Swiss Franc trading higher ahead of the release of UBS consumption indicator

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the CHF and closed at 0.9070, as a lacklustre US consumer confidence report spooked investors’ confidence in the US Dollar. In the Asian session, at GMT0400, … Continue reading

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USD/CHF: “No reason to exit the minimum exchange rate policy”, says SNB Chief, Jordan

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.40% against the CHF and closed at 0.9108. The Swiss Franc gave up ground against the US Dollar, after the Swiss National Bank (SNB) President, Thomas Jordan stated … Continue reading

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USD/CHF: Swiss Franc trading lower, with focus on Switzerland’s employment data

USDCHF Movement On Friday, the USD declined 0.75% against the CHF and closed at 0.9072. In the Asian session, at GMT0400, the pair is trading at 0.9087, with the USD trading 0.17% higher from Friday’s close. The pair is expected … Continue reading

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USD/CHF: SNB prepared to take further measures to defend Swiss Franc, says Fritz Zurbruegg

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CHF and closed at 0.9143. Yesterday, the Swiss National Bank (SNB) Board Member, Fritz Zurbruegg, stated that, the central bank “remains prepared to enforce the … 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 0.94% against the CHF and closed at 0.9173, as traders increased their bets in the USD, after the minutes from Fed’s latest policy meeting, highlighted policymakers’ willingness 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 declined 0.45% against the CHF and closed at 0.9089, after the Chicago Fed Chief, Charles Evans indicated that the central bank is “here to deliver” on both goals, i.e. … 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 0.29% against the CHF and closed at 0.9129. However, the losses in the greenback were trimmed after two eminent Fed policymakers expressed optimism on the recovery of the … Continue reading

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USD/CHF: Swiss France trading higher amid lack of economic data from Switzerland

USDCHF Movement On Friday, the USD declined 0.28% against the CHF and closed at 0.9155, as the Fed incoming Chief, Janet Yellen’s dovish comments delivered to the Senate Banking Committee on Thursday continue to weigh on the demand for the … Continue reading

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USD/CHF: Swiss Franc trading tad higher 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 0.9181. In economic news, the Federal Statistical Office reported that producer and import prices in Switzerland declined 0.4% (MoM) in October, … Continue reading

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