Tag: Swiss franc
USD/CHF Extends Decline Near 0.8800 as US June PCE Data Looms
The USD/CHF pair is seeing a decline near 0.8800 as the US economy data looms. Despite stronger-than-expected US economy data, the Greenback is dropping, and the global stock market sell-off is causing a flight...
Switzerland June Producer and Import Prices Hold Steady at 0.0% m/m
Switzerland's producer and import prices in June remained steady at 0.0% month-on-month. This stability indicates that there was no increase or decrease in prices during this period.It is important to note that foreign exchange...
Swiss National Bank Chair Jordan Prepared to Intervene in FX Market – Forexlive
Thomas Jordan, the Chairman of the Swiss National Bank (SNB), recently discussed the Swiss franc and the bank's potential intervention in the foreign exchange market in an interview with Le Temps. Jordan emphasized the...
Swiss National Bank’s Jordan on Inflation: Analysis and Insights
The Swiss National Bank's Chairman, Thomas Jordan, recently discussed the issue of inflation in the economy. He emphasized the importance of understanding the risks involved in foreign exchange trading. Trading in foreign exchange carries...
USD/CHF Weekly Forecast: Latest Analysis and Predictions
The USD/CHF pair took a dive to 0.8825 last week before making a strong recovery. Currently, the initial bias is neutral for consolidations above 0.8825, with a bearish outlook in the near term as...
Swiss National Bank Chairman Jordan Discusses Two-Way FX Intervention | Forexlive
The Chairman of the Swiss National Bank, Thomas Jordan, recently discussed the impact of the appreciation of the Swiss franc on monetary conditions. He emphasized that the exchange rate plays a crucial role in...
CHF Safe Haven Status Driving Bid Up – Action Forex
During the first quarter of 2024, the Swiss franc has tumbled against most of the G-10 currencies, especially against the US dollar where it underperformed the worst with a current year-to-date intraday loss of...