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USD/CHF: Pair lower on quantitative easing speculation by the Federal Reserve
For the 24 hours to 23:00 GMT, USD declined 0.18% against the CHF and closed at 0.9373, amid speculation that the US Federal Reserve might implement a third round of quantitative easing, later today. According to the latest survey by … Continue reading
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USD/CHF: Pair continues its downward journey this morning
For the 24 hours to 23:00 GMT, the USD declined 0.72% against the CHF and closed at 0.9390. In the US, the trade deficit increased 0.2% (MoM) to $ 42 billion in July, from a deficit of $ 41.9 billion … Continue reading
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USD/CHF: Trading marginally lower in the Asian session
For the 24 hours to 23:00 GMT, USD rose 0.06% against the CHF and closed at 0.9458. Yesterday, the Federal Reserve reported that consumer credit in the US shrank by $3.28 billion in July, well below the forecast for a … Continue reading
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USD/CHF: Swiss unemployment rate steady at 2.9% in August
For the 24 hours to 23:00 GMT on Friday, USD declined 1.01% against the CHF and closed at 0.9444. In Switzerland, on a seasonally adjusted basis, the unemployment rate stood steady at 2.9% in August, in line with market expectations. … Continue reading
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USD/CHF: Swiss unemployment rate expected to rise to 2.8% in August
For the 24 hours to 23:00 GMT, USD declined 0.21% against the CHF and closed at 0.9540. In the Asian session, at GMT0300, the pair is trading at 0.9540, with the USD trading flat from yesterday’s close. The pair is … Continue reading
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USD/CHF: Trading flat from yesterday’s close
For the 24 hours to 23:00 GMT, USD declined marginally against the CHF and closed at 0.9560. The Swiss Franc fell after the Swiss National Bank (SNB) Vice Chairman, Jean-Pierre Danthine, stated that the Swiss Franc is still over-valued. Additionally, … Continue reading
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USD/CHF: Pair trading higher this morning; Swiss CPI data awaited
For the 24 hours to 23:00 GMT, USD rose 0.21% against the CHF and closed at 0.9564. The Swiss Franc fell after data showed that Swiss gross domestic product (GDP) on a seasonally adjusted basis, declined 0.1% (QoQ) in Q2 … Continue reading
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USD/CHF: SNB Chairman, Thomas Jordan reiterated his commitment to defend the Euro-Franc ceiling
For the 24 hours to 23:00 GMT, USD declined 0.06% against the CHF and closed at 0.9544. Yesterday, Swiss National Bank Chairman, Thomas Jordan, stated that the bank would continue to do everything in its power to enforce cap on … Continue reading
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USD/CHF: Pair marginally higher ahead of PMI and retail sales data in Switzerland
For the 24 hours to 23:00 GMT on Friday, USD declined 0.58% against the CHF and closed at 0.9544. In the US, the Thomson Reuters/University of Michigan final sentiment index climbed to a reading of 74.3, a three-month high. Additionally, … Continue reading
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USD/CHF: Swiss Franc trading higher against the USD in the Asian session
For the 24 hours to 23:00 GMT, USD rose 0.19% against the CHF and closed at 0.9600. The Federal Reserve of Philadelphia President, Charles Plosser, stated there is no point in launching a third round of quantitative easing (QE3), in … Continue reading
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USD/CHF: Trading flat after yesterday’s fall
For the 24 hours to 23:00 GMT, USD rose 0.25% against the CHF and closed at 0.9582. In Switzerland, the KOF leading indicator rose to a reading of 1.57 in August, against the market expectation of 1.50. In the Asian … Continue reading
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