Tag Archives: CHF

Markets were hit by a wave of risk aversion on Monday, benefitting the safe-havens and hurting the risk-sensitive currencies, though the latter group had pared back on much of their earlier underperformance by the end of US trade as risk appetite recovered.Market commentators said that geopolitical concerns about the rising …

The GBP/JPY pair fell sharply on Friday and heavy downside in the global equity market and commodity space weighed on more risk-sensitive currencies such as sterling, while a sharp drop in global bond yields on safe-haven demand boosted the rate-sensitive yen.Much worse than expected UK Retail Sales figures for December …

The EUR/CHF pair has reversed sharply back from earlier session highs in the 1.0460s territory and now trades in the 1.0410s.The pair is expe to move lower as a reaction to the Swiss/Eurozone inflation figures in the wake of ECB and SNB policy announcements.With the bears eyeing an imminent test …

USD/CHF tends to end Friday’s session flat slightly gaining at 0.9200 level. The pair had at one point been nearly as high as 0.9240, but a sharp, surprise worsening in Consumer Confidence in November according to the University of Michigan’s Index that pushed the pair from highs and back towards …

Risk turned off on Thursday leading the USD to reap the most out of it. The dollar weaker yesterday, but it managed to appreciate against most major rivals, except safe-haven CHF and JPY.There was no certain catalyst behind the retreating risk appetite although inflation-related concerns constitute one part of the …

The Swiss Franc (CHF) surged against the declining U.S. Dollar (USD) on Thursday, amid a broad decline by the greenback that followed the release of the Federal Reserve policy statement. The Fed vowed to maintain its current accommodative policy, keeping interest rates and asset purchases unchanged, and expecting to hold …

The Swiss National Bank announced today, Tuesday, that Switzerland achieved a current account surplus of 16 billion Swiss francs (17.40 billion dollars) in the first quarter of 2021, 6 billion francs more than it was in the previous quarter. The weakness of the Swiss franc against the dollar since the …

The Swiss National Bank (SNB) gave an optimistic view of the economy in its Financial Stability Report (FSR) published on Thursday. The report indicated that in Switzerland, GDP is growing strongly in the near term and unemployment is declining.” The production capacity has also been untapped for some time.

The U.S. Dollar (USD) is showing a negative performance against its major rivals on Monday, but its biggest decline is against the Swiss Franc (CHF), which is the best performer of the day among the G10 currencies. The USD/CHF pair nearing its lowest level of last week. The pair, which …

The U.S. Dollar (USD) rose on Thursday against safe-haven currencies, such as the Japanese Yen (JPY) and the Swiss Franc (CHF), supported by the increase in Treasury yields. The USD/JPY pair is up for the day by 0.57%, trading at 107.620. The pair has been moving today in a range …