USD/CHF: SECO indicates economic recovery over next couple of years; Swissy trading tad higher this morning

  For the 24 hours to 23:00 GMT, the USD declined 0.91% against the CHF and closed at 0.9253. Yesterday, the Swiss State Secretariat for Economic Affairs (SECO) raised its 2013 growth outlook to 1.4% from 1.3% it anticipated in … Continue reading

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USD/CHF: Swiss retail sales increased in April

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.9344. The Swiss Franc was supported by reports showing a 3.3% (YoY) rise in Switzerland’s retail sales in April, above the market … Continue reading

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USD/CHF: Swissy trading lower in the Asian session

On Friday, the USD rose 0.57% against the CHF and closed at 0.9351. In Switzerland, foreign currency reserves widened to CHF441.4 billion in May from CHF436.1 billion recorded in April. Market had expected foreign currency reserves to rise to CHF440.50 … Continue reading

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USD/CHF: Swiss CPI advanced in May

  For the 24 hours to 23:00 GMT, the USD declined 1.46% against the CHF and closed at 0.9297. Yesterday, Switzerland’s consumer price index (CPI) climbed 0.1% (MoM) in May, in line with the market expectation and compared to a … Continue reading

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USD/CHF: Swissy moving higher this morning, Swiss CPI data awaited

  For the 24 hours to 23:00 GMT, the USD declined 0.65% against the CHF and closed at 0.9424. In the Asian session, at GMT0300, the pair is trading at 0.9420, with the USD trading marginally lower from yesterday’s close. … Continue reading

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USD/CHF: Swissy moving northwards this morning

  For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CHF and closed at 0.9484. In the Asian session, at GMT0300, the pair is trading at 0.9474, with the USD trading 0.11% lower from yesterday’s close. … Continue reading

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USD/CHF: Swissy gained as investors cheered manufacturing PMI data; trading lower this morning

  For the 24 hours to 23:00 GMT, the USD declined 0.87% against the CHF and closed at 0.9478. Encouraging Euro-zone manufacturing data along with an upbeat Swiss manufacturing PMI figure helped buoy the Swiss Franc. According to Swiss Association … Continue reading

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USD/CHF: Swiss manufacturing PMI due later today

  On Friday, the USD rose 0.56% against the CHF and closed at 0.9601. On the economic front, Switzerland’s KOF leading indicator edged up to a reading of 1.10 in May, from an upwardly revised reading of 1.04 registered in … Continue reading

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USD/CHF: Switzerland GDP improved in Q12013

  For the 24 hours to 23:00 GMT, the USD declined 1.05% against the CHF and closed at 0.9537. The Swiss Franc gained after data indicated that Switzerland’s economy grew by a seasonally adjusted 0.6% (QoQ) in the first quarter … Continue reading

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USD/CHF: Swiss UBS consumption indicator rose in April

  For the 24 hours to 23:00 GMT, the USD declined 1.38% against the CHF and closed at 0.9614. On the Swiss economic front, the UBS consumption indicator advanced to a reading of 1.46 in April. In the Asian session, … Continue reading

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USD/CHF: Swiss Franc declined as trade surplus narrowed; trading higher this morning

  For the 24 hours to 23:00 GMT, the USD rose 1.13% against the CHF and closed at 0.9772. The Swiss Franc came under pressure, following the release of weaker-than-expected Swiss trade data for April. Switzerland’s trade surplus narrowed to … Continue reading

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