The Swiss franc gained a little today ahead of this week’s policy meeting of the Swiss National Bank. The currency trimmed its advance versus the US dollar and the euro as of now, but retained gains against the Japanese yen.
Switzerland — News Archive
CHF Strengthens vs. USD & JPY, Falls vs. EUR
June 11th, 2013 at 1:21
The Swiss franc advanced versus the US dollar and the Japanese yen, but fell against the euro. Economic reports from Switzerland were mixed, not helping the currency to choose direction.
Franc Rises as GDP Growth Beats Expectations
May 30th, 2013 at 20:51
The Swiss franc rose today as economic growth in Switzerland exceed analysts’ expectations, attracting investors to the nation’s assets and supporting the currency’s role as a safe haven.
Swiss Franc Retains Gains on Risk Aversion
May 24th, 2013 at 1:31
The Swiss franc retreated today after jumping yesterday on risk aversion, but retained most of its gains. Additionally, the currency advanced versus the yen, against which it fell yesterday.
Franc Drops as Jordan Speaks on Negative Interest Rates & Franc Cap
May 22nd, 2013 at 23:40
The Swiss franc dropped today as Swiss National Bank President Thomas Jordan talked about possibility of negative interest rates and shifting of the cap on the franc.
Swiss Franc Mixed After IMF Report
May 22nd, 2013 at 1:05
The Swiss franc fell against the euro today, extending yesterday’s drop. The currency recovered a bit against the US dollar following the decline on the previous session and advanced versus the euro.
Swiss Franc Gains Despite Falling Economic Expectations
May 16th, 2013 at 0:13
The Swiss franc gained yesterday and remained little-changed today against the US dollar and the euro even as economic expectations were worsening. The currency traded sideways versus the Japanese yen.
Franc Remains in Downtrend as Fundamentals Do Not Change
May 08th, 2013 at 1:15
The Swiss franc weakened today as the economic situation in Switzerland remained the same, giving the Swiss National Bank few reasons to drop the cap on the exchange rate.
Swiss Franc Weak on Signs SNB Wants to Preserve Ceiling
May 07th, 2013 at 4:19
The Swiss franc fell on signs that the Swiss National Bank will preserve the cap on the currency as the economy does not recover fast enough to warrant changes to the current policies.
Swiss Franc Gains on Signs of Stabilizing Economy
April 26th, 2013 at 11:13
The Swiss franc rose today on signs that Switzerland economy stabilized, giving hope that the Swiss National Bank will drop its cap on the currency sometime in the future.
