USD/CHF loses ground for the third consecutive session, trading around 0.7880 during the Asian hours on Wednesday. The pair hit a three-month low of 0.7861 during early trading as the US Dollar (USD) faces challenges, which could be attributed to the growing expectations of two rate cuts by the Federal Reserve (Fed) in 2026. Volumes are expected […]
USD/CHF extends its losses for the second consecutive day, trading around 0.7900 during the Asian hours on Tuesday. Traders are likely awaiting the Swiss ZEW Expectations survey for December due later in the day for fresh signals on business and employment conditions, which could offer fresh cues on the Swiss National Bank’s (SNB) rate outlook. Traders […]
The USD/CHF pair trades in a tight range around 0.7950 during the late Asian trading session on Thursday. The Swiss Franc pair wobbles as investors await the United States (US) inflation data for November, which will be published at 13:30 GMT. As of writing, the US Dollar Index (DXY), which tracks the Greenback’s value against six […]
The USD/CHF pair trades stably around 0.7960 during the early European trading session on Tuesday. The Swiss Franc pair remains calm as investors await the United States (US) Nonfarm Payrolls (NFP) report for October and November, which will be published at 13:30 GMT. Ahead of the US employment data, the US Dollar Index (DXY), which tracks […]
The USD/CHF pair trades flat around 0.8060 during the late Asian trading session on Wednesday. The Swiss Franc pair consolidates as investors await the monetary policy announcement by the Federal Reserve (Fed), which is scheduled at 19:00 GMT. During the press time, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades flat […]
The USD/CHF pair is seen extending the previous day’s pullback from a nearly three-week top – levels just above the 0.8100 mark – and losing ground for the second straight day on Wednesday. The slide is sponsored by the prevalent US Dollar (USD) selling bias and drags spot prices to mid-0.8000s, closer to the lower […]
The USD/CHF pair attracts some dip-buying during the Asian session on Tuesday and currently trades just below the 0.8100 mark, or a nearly three-week high touched the previous day. The mixed fundamental backdrop, however, warrants some caution before positioning for an extension of a nearly two-week-old uptrend from the 0.7880-0.7875 region. The recent data showed that […]
The Swiss franc traded slightly above 0.80 per USD, but remained close to 2021-highs, supported by expectations of no imminent cuts by the Swiss National Bank (SNB). Market participants still place their bets on the SNB keeping its policy rate at 0% in December amid forecasts of rising inflation. The franc also benefits from a […]
The USD/CHF pair prolongs its recent recovery from the 0.7880-0.7875 region, or a nearly one-month low touched last week, for the fourth straight day and climbs to an over one-week high during the Asian session on Wednesday. Spot prices currently trade around the 0.8000 psychological mark, with bulls looking to build on the momentum further […]
USD/CHF retraces its recent gains registered in the previous session, trading around 0.7950 during the Asian hours on Tuesday. The Swiss Franc (CHF) gains against the US Dollar (USD) after Switzerland secured a deal to lower US tariffs to 15%, a significant drop from the 39% rate applied during the Trump administration. The development offers […]