USD/CHF: Swiss franc falls on pegging rumour, trading flat this morning

For the 24 hours to 23:00 GMT, USD rose 4.86% against the CHF and closed at 0.7615. Swiss franc nursed heavy losses yesterday, sparked by a Swiss newspaper report that quoted Swiss National Bank (SNB), Vice Chairman Thomas Jordan stating … Continue reading

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USD/CHF: Swiss franc retreats after SNB action

For the 24 hours to 23:00 GMT, USD rose 0.51% against the CHF and closed at 0.7262. The Swiss franc was pressured after the Swiss National Bank (SNB) intervened in the currency markets to contain the appreciation of the Swiss … Continue reading

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USD/CHF: Swiss Franc rises on Federal Reserve’s policy decision, trading lower this morning

For the 24 hours to 23:00 GMT, USD declined 4.20% against the CHF and closed at 0.7225, as the Federal Reserve’s pledge to keep rates near zero for another two years further diminished its allure to global investors. In the … Continue reading

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USD/CHF: Swiss Franc spikes up on risk aversion

For the 24 hours to 23:00 GMT, USD declined 0.91% against the CHF and closed at 0.7542, as worries over the impact of Standard & Poor’s decision to downgrade US long-term debt boosted the demand for Swiss franc as a … Continue reading

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USD/CHF: Swiss Franc trading higher, investors await Swiss unemployment data

For the 24 hours to 23:00 GMT, USD rose 0.16% against the CHF, on Friday, and closed at 0.7670. In the US economic news, the consumer credit increased by $15.5 billion in June, the biggest gain since August 2007, following … Continue reading

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USD/CHF: Trading lower in the Asian session, Swiss CPI awaited

For the 24 hours to 23:00 GMT, USD declined 0.60% against the CHF and closed at 0.7658. In the US, the initial jobless claims edged down to 400,000 for the week ended 30 July, from the previous week’s revised figure … Continue reading

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USD/CHF: Franc tumbles as SNB cut interest rates

For the 24 hours to 23:00 GMT, USD rose 0.68% against the CHF and closed at 0.7704, amid SNB interest rate decision. The Swiss central bank cut interest rates and stated that it would increase the supply of Francs to … Continue reading

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USD/CHF: Greenback fell more than 2% against Swiss Franc, trading higher this morning

For the 24 hours to 23:00 GMT, USD declined 2.58% against the CHF and closed at 0.7652. Swiss franc soared high against dollar as investors shifted to safe-haven assets over raised concerns about the slowing US economic recovery coupled with … Continue reading

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USD/CHF: Greenback declined against Swiss Franc on rating risk

For the 24 hours to 23:00 GMT, USD declined 0.65% against the CHF and closed at 0.7855, on investor concerns that a deal to raise the US borrowing limit would not be enough to avoid a downgrade to the country’s … Continue reading

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USD/CHF: Dollar edges up against Swiss Franc this morning

For the 24 hours to 23:00 GMT, USD declined 2.05% against the CHF, on Friday, and closed at 0.7850. Swiss franc surged sharply against dollar as financial concerns in the US and the Euro zone, spurred demand for safe-haven assets. … Continue reading

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USD/CHF: No breakthrough in US debt talks, Greenback trading lower in the Asian session

For the 24 hours to 23:00 GMT, USD traded flat against the CHF and closed at 0.8014, as investors remain worried over the impending debt ceiling deadline. In the US, the National Association of Realtors (NAR) reported that, on a … Continue reading

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