USD/CHF: Greenback trading lower in Asian session, Investors awaiting Swiss unemployment data

For the 24 hours to 23:00 GMT, USD declined 0.22% against the CHF and closed at 0.9160. In the US, the total outstanding consumer credit increased by $7.62 billion in February, following a $4.45 billion increase in January. Richmond Fed … Continue reading

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USD/CHF: Swiss Franc strengthens after inflation surges, trading flat this morning

For the 24 hours to 23:00 GMT, USD declined 0.80% against the CHF and closed at 0.9180. The consumer price inflation in Switzerland advanced to 1.0% (Y-o-Y) in March, compared to a 0.5% rate in February. Moreover, the monthly consumer … Continue reading

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USD/CHF: Trading flat this morning

For the 24 hours to 23:00 GMT, USD rose 0.30% against the CHF and closed at 0.9254. In the US, Minneapolis Federal Reserve Bank President, Narayana Kocherlakota stated that the Federal Reserve is committed keeping inflation under control as part … Continue reading

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USD/CHF: Pair trading sharply below its MA’s

For the 24 hours to 23:00 GMT, USD declined 0.26% against the CHF and closed at 0.9226. Atlanta Federal Reserve President Dennis Lockhart stated that the economic recovery is well underway, but that serious imbalances need to be corrected to … Continue reading

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USD/CHF: Trading flat in Asian session

On Friday, for the 24 hours to 23:00 GMT, USD rose 0.42% against the CHF and closed at 0.9234. In Switzerland, retail sales were up 3.8% (M-o-M), compared to a 2% drop in January. On an annual basis, real retail … Continue reading

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USD/CHF: Swiss Franc trading lower this morning

For the 24 hours to 23:00 GMT, USD rose 0.11% against the CHF and closed at 0.9195. In Switzerland, the Swiss National Bank reported that current account indicated a surplus of CHF19.4 billion in 4Q FY2010, from a surplus of … Continue reading

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USD/CHF: Trading flat this morning

For the 24 hours to 23:00 GMT, USD declined 0.21% against the CHF and closed at 0.9185. In Switzerland, KOF Institute’s economic barometer showed a rise to a reading of 2.24 in March, the third consecutive monthly rise, from an … Continue reading

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USD/CHF: Swiss Franc trading lower in Asian session

For the 24 hours to 23:00 GMT, USD rose 0.43% against the CHF and closed at 0.9204. In Switzerland, UBS consumption indicator declined to 1.46 in February from 1.66 in January. In the US, consumer confidence index fell to a … Continue reading

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

For the 24 hours to 23:00 GMT, USD declined 0.62% against the CHF and closed at 0.9165. In the US, National Association of Realtors (NAR) reported that the pending home sales index rose 2.1% (M-o-M) in February, following a 2.8% … Continue reading

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USD/CHF: Pair trading above its MA’s

For the 24 hours to 23:00 GMT, USD rose 1.34% against the CHF and closed at 0.9199. The KOF economic institute reported that the Switzerland’s economy should pick up steam this year despite the strong Swiss franc, prompting the Swiss … Continue reading

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USD/CHF: Trading flat in Asian session

For the 24 hours to 23:00 GMT, USD declined 0.03% against the CHF and closed at 0.9077. In the US, initial jobless claims, on weekly basis declined to 382,000 for the week ended on 19 March 2011, compared to 387,000 … Continue reading

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