USD/CHF holds ground after three days of losses, trading around 0.8210 during Asian hours on Friday. The currency pair has inched higher as the US Dollar (USD) recovers its daily losses despite mounting doubts regarding the sustainability of the AI trade. Investor confidence weakened after quarterly US earnings reports from several megacap technology companies failed […]
USD/CHF loses ground for the third consecutive day, trading around 0.8230 during Asian hours on Thursday. The pair depreciates as the US Dollar (USD) faces challenges, as recent economic data pointed to signs of weakness in the US economy, with September housing starts declining and pending home sales falling to a record low. According to […]
USD/CHF depreciates after posting modest gains the previous day, trading around 0.8250 during Asian hours on Tuesday. The pair loses ground as the US Dollar (USD) weakens under growing market expectations that the Federal Reserve (Fed) will leave interest rates unchanged. Fed Chair Kevin Warsh expressed optimism last week regarding the resilience of the US […]
USD/CHF inches higher after registering nearly 1% losses in the previous day, trading around 0.8270 during Asian hours on Friday. The upside of the pair could be restrained as the US Dollar (USD) declines following recent comments from key financial leaders. Speaking at a fireside chat with International Monetary Fund (IMF) Managing Director Kristalina Georgieva […]
The Swiss Franc (CHF) is giving back gains against the US Dollar (USD) on Thursday. The USD/CHF pair has returned to levels just above 0.8300, after a nearly 1.4% sell-off to 0.8280 lows on Wednesday following dovish comments from Fed officials, while, in Switzerland, soft Producer and Import Prices Index figures have failed to support […]
USD/CHF declines after registering modest gains the previous day, trading around 0.8330 during Asian hours on Tuesday. The currency pair depreciated as the US Dollar (USD) pulled back from an 18-month high. The US Dollar Index (DXY), which tracks the Greenback against a basket of six major currencies, pulled back to around 102.40 after briefly […]
USD/CHF gains ground after two days of losses, trading around 0.8310 during Asian hours on Monday. The currency pair is finding upward support as the Swiss Franc (CHF) remains under pressure from short positions. This weakness stems from market expectations that other major central banks will continue monetary tightening, while the Swiss National Bank (SNB) […]
USD/CHF extends its gains for the third consecutive day, trading around 0.8330 during Asian hours on Wednesday. Switzerland’s seasonally-adjusted Unemployment Rate was unchanged at 3.1% for the fifth month in a row in September. Foreign Currency Reserves for September will be eyed later in the day. Franc support persists as France debt worries overshadow SNB […]
The Swiss Franc (CHF) has retraced previous losses on Monday and trades practically flat against the US Dollar (USD), hardly affected by the bond market turmoil that has crushed investors’ appètite for risk. The USD/CHF pair bounced from 0.8225 lows on Friday but has been contained below a previous support area around 0.8320, which keeps […]
USD/CHF gains ground after two days of losses, trading around 0.8310 during Asian hours on Monday. The pair is currently appreciating due to a strengthening US Dollar (USD) amid rising safe-haven demand, which could be attributed to deteriorating geopolitical conditions in the Middle East. Saudi-backed forces in Yemen launched a major offensive to reclaim territory […]