USD/CHF: SNB retains EUR/CHF floor rate, rates on hold

For the 24 hours to 23:00 GMT, the USD declined 0.28% against the CHF and closed at 0.9238. The Swiss National Bank (SNB) left its target range for the three-month Libor rate unchanged at 0.0%-0.25% and maintained its minimum exchange … Continue reading

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Swissy trading flat ahead of SNB rate decision

For the 24 hours to 23:00 GMT, the USD declined 0.63% against the CHF and closed at 0.9267, as the dollar weakened in the wake of the Fed’s decision to launch the bond-buying program to keep the recovery going in … Continue reading

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USD/CHF: Swiss Franc loses steam in the Asian session

For the 24 hours to 23:00 GMT, the USD declined 0.23% against the CHF and closed at 0.9316, amid hopes of additional monetary stimulus by the Federal Reserve and after economic data showed a widening US trade deficit. Trade deficit … Continue reading

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USD/CHF: USD trading lower this morning ahead of Fed meeting

For the 24 hours to 23:00 GMT, the USD declined 0.23% against the CHF and closed at 0.9337, after the White House and House of Representatives Speaker, John Boehner’s office held more negotiations on Monday on ways to break the … Continue reading

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USD/CHF: Swiss Franc extends losses against the US Dollar in the Asian session

For the 24 hours to 23:00 GMT, USD rose 0.20% against the CHF and closed at 0.9346 on Friday. In economic news, Swiss foreign currency reserves rose to CHF424.8 billion November, from CHF424.4 billion registered in October. In the Asian … Continue reading

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USD/CHF: Swiss Franc weighed down by disappointing economic data, trading higher this morning

  For the 24 hours to 23:00 GMT, the USD rose 0.70% against the CHF and closed at 0.9328. In Switzerland, the State Secretariat for Economic Affairs (SECO) reported that the jobless rate, on a seasonally adjusted basis, remained steady … Continue reading

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USD/CHF: Pair showing convergence this morning

  For the 24 hours to 23:00 GMT, the USD declined marginally against the CHF and closed at 0.9263. Meanwhile, the KOF Institute reported that, the economists forecasted 1.2% growth for the Swiss economy next year, down from 1.3% growth … Continue reading

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USD/CHF: Pair showing convergence with its MA’s

  For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CHF and closed at 0.9265. In the Asian session, at GMT0400, the pair is trading at 0.9261, with the USD trading marginally lower from yesterday’s close. … Continue reading

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USD/CHF: US Dollar trading higher against the Swiss Franc in the Asian session

For the 24 hours to 23:00 GMT, the USD declined 0.28% against the CHF and closed at 0.9248. The Swiss Franc advanced following a rise in Swiss PMI and retail sales. On the Swiss economic front, the SVME-PMI rose to … Continue reading

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USD/CHF: Swiss Franc trading higher this morning ahead of the SVME PMI data later today

For the 24 hours to 23:00 GMT on Friday, the USD rose marginally against the CHF and closed at 0.9282. Switzerland’s KOF Institute’s economic barometer fell to a reading of 1.50 in November, from a revised reading of 1.64 in … Continue reading

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USD/CHF: Swiss economy rebounds in Q3 FY2012

  For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CHF and closed at 0.9280. The Swiss Franc rose, after the State Secretariat for Economic Affairs (SECO) indicated that the Swiss economy expanded more-than-expected in the … Continue reading

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