CHF

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 […]

The USD/CHF pair ticks down to near 0.7920 during the late Asian trading session on Friday. The Swiss Franc pair struggles to gain ground after revisiting an over three-week low of 0.7910 posted on Thursday. The pair is under pressure as the US Dollar (USD) underperforms even as traders have trimmed bets supporting an interest rate […]

07:30 AM BST, Switzerland – Inflation Data for October: Producer inflation data in Switzerland came in noticeably weaker than expected on MoM basis. Although the Swiss franc did not initially react much to the release, over the past hour there has been a significant pullback in the USDCHF pair. Source: xStation  The material on this page does not constitute […]

The USD/CHF pair attracts buyers for the fifth consecutive day and climbs to its highest level since August 22 during the Asian session on Tuesday. The momentum lifts spot prices to the 0.8100 neighborhood and is sponsored by sustained US Dollar (USD) buying. The USD Index (DXY), which tracks the Greenback against a basket of currencies, […]