USD/CHF: Greenback continues to trade lower in the Asian session

For the 24 hours to 23:00 GMT, USD declined 0.59% against the CHF and closed at 0.9227. Fitch ratings agency has affirmed its AAA credit rating for the US, but revised its outlook from ‘Stable’ to ‘Negative’, after the US … Continue reading

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USD/CHF: Swiss Franc trading higher this morning, following Friday’s fall

For the 24 hours to 23:00 GMT, USD rose 1.21% against the CHF, on Friday, and closed at 0.9309, following rumors that the SNB may have intervened in the foreign exchange market. The Swiss National Bank (SNB) Vice President, Thomas … Continue reading

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USD/CHF: Swiss Franc trading lower in the Asian session

For the 24 hours to 23:00 GMT, USD declined slightly against the CHF and closed at 0.9198. Switzerland’s President, Micheline Calmy-Rey stated that the overvaluation of the Swiss Franc posed a serious threat to the economy and carried the risk … Continue reading

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USD/CHF: Pair backpedals in Asian session

USDCHF Movement For the 24 hours to 23:00 GMT, USD rose 0.65% against the CHF and closed at 0.9200, after the release of US data on initial jobless claims. For the week ended 19 November 2011, initial jobless claims in … Continue reading

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USD/CHF: Swiss Franc rose amid strong Swiss trade balance data, trading lower this morning

For the 24 hours to 23:00 GMT, USD declined 0.37% against the CHF and closed at 0.9141, after a report showed that Switzerland’s trade surplus increased in October. Trade surplus in Switzerland widened to CHF 2.2 billion during the month. … Continue reading

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USD/CHF: Swiss Franc trading lower in the Asian session

For the 24 hours to 23:00 GMT, USD declined marginally against the CHF and closed at 0.9175, following reports showing strong Swiss money supply data. The Swiss National Bank reported that the money supply increased 8.2% (YoY) in October, following … Continue reading

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USD/CHF: Pair trading between its MA’s

For the 24 hours to 23:00 GMT, USD declined 0.41% against the CHF, on Friday, and closed at 0.9175. In the Asian session, at GMT0400, the pair is trading at 0.9169, with the USD trading 0.07% lower from Friday’s close. … Continue reading

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USD/CHF: Swiss Franc trading higher this morning

For the 24 hours to 23:00 GMT, USD rose 0.13% against the CHF and closed at 0.9213. The Swiss Franc fell after an official data indicated a decline in economic expectations for Switzerland in November. In Switzerland, the ZEW Economic … Continue reading

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USD/CHF: Swiss Franc trading flat this morning

For the 24 hours to 23:00 GMT, USD rose 0.45% against the CHF and closed at 0.9201, as investors flocked to US dollar over worries the Euro-zone debt crisis would spread. In the Asian session, at GMT0400, the pair is … Continue reading

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USD/CHF: Swiss Franc continues to trade lower

For the 24 hours to 23:00 GMT, USD rose 0.80% against the CHF and closed at 0.9160. In the Asian session, at GMT0400, the pair is trading at 0.9201, with the USD trading 0.45% higher from yesterday’s close. The pair … Continue reading

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USD/CHF: Swiss Franc trading lower as PPI drops in Switzerland

For the 24 hours to 23:00 GMT, USD rose 1.07% against the CHF and closed at 0.9087. The Swiss franc weakened versus the dollar as producer and import prices in Switzerland fell for a sixth month in October. In Switzerland, … Continue reading

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