Page 10 - Usdchf News Today

USD/CHF seems to retrace the recent gains, trading around 0.8880 during the European session on Friday.

The USDCHF pair falls back to the lows following the miss in the US CPI report. What’s next?

The USD/CHF observed measured downward movements on Wednesday while trading near 0.8885, with the trajectory of the pair being set by soft US PPI and strong Retail Sales from the US from October.

Chairman of the Governing Board of the Swiss National Bank (SNB), Thomas Jordan, is speaking at the SNB-FRB-BIS third Hight-Level Conference on Global Risk, Uncertainty, and Volatility.

The USD/CHF saw an impressive downward spiral on Tuesday, declining near 0.8915, seeing a loss of more than 1%, mainly driven by a broad US weakness following the report of October inflation figures from the US.

USD/CHF extends losses for the second successive session, trading lower near 0.9010 during the early European hours on Monday.

USD/CHF extends its gains for the second consecutive session, which could be attributed to the hawkish comments from US Federal Reserve (Fed) Chair Jerome Powell at the International Monetary Fund (IMF) event on Thursday.

The USD/CHF is on the high side for the week after Federal Reserve (Fed) Chairman Jerome Powell propped up the US Dollar (USD) with hawkish comments, sending broader market sentiment into a tailspin.

USD/CHF recovers recent losses, hovering near the 0.9000 psychological level during the European session on Thursday.

The USD/CHF is marching itself back over the 0.9000 handle in Thursday's trading as the US Dollar (USD) grinds higher on a relatively quiet trading day.