USD/CHF — News Archive

Franc Rises Ahead of SNB Meeting, Loses Part of Gains

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.

CHF Strengthens vs. USD & JPY, Falls vs. EUR

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

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.

Confusing Comments of Fed Result in Mixed Performance of USD

The major theme of this week was speeches of various Federal Reserve members and, most importantly, Chairman Ben Bernanke. Comments of policy makers did not help to understand when the central bank is going to end quantitative easing. The confusion resulted in a mixed performance of the US dollar.

Swiss Franc Retains Gains on Risk Aversion

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

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

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

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

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

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.

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