EURCHF

Get the latest EURCHF news today, the latest EURCHF price, plus a historical data chart.

The EURCHF pair shows investors how many Swiss francs (CHF) one can buy with one euro (EUR).

What is EURCHF?

EURCHF is not a major currency pair, but is a  popular pair among traders, as it is a trending pair, with long moves and less volatility while the volume is high. EURCHF is highly correlated with the USDCHF.

The Swiss franc is considered by traders and investors as a safe haven asset as the Swiss economy offers financial stability. Switzerland’s economy is based on its banking industry and exports followed by tourism. While the eurozone is a broad-based economy.

European Central Bank (ECB) is responsible for the monetary policy of the eurozone, targeting the stability of the currency, and hold the annual inflation rate between 0% and 2%. Variations from the inflation target can lead to intervention by the ECB, which either strengthens or weakens the euro.

Swiss National Bank (SNB) is responsible for the monetary policy and currency stability in Switzerland. Swiss National Bank might intervene to maintain exchange rates within its target levels, in order to support the financial sectors and exports of Switzerland. The SNB interventions can either strengthen or weaken the Swiss franc accordingly. Swiss National Bank for years now, has seen the Swiss franc as too strong and has routinely intervened to soften it.

When there is uncertainty in markets, EURCHF pair will move downwards (less Swiss Francs needed to buy a euro) as traders will move to safe-haven assets. This trend changes when the risk sentiment becomes positive.

Check out our fx calendar on investincube.com for the significant events that could affect EURCHF price, and don’t miss the analysis section which can help you get the most out of your trading.

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latest EURCHF News

EURGBP

EURCHF Continues Decline As Speculators Cut Net Longs on Euro

The latest consignment of the Commitment of Traders report, otherwise known as the CFTC Positioning Report, indicates that speculators have reduced their net long positions on the Euro to levels that were last seen in late July. This is in tandem with the rising coronavirus cases across Europe and the […]

EURCHF Back to 1.07 on Strong CHF Demand

The EURCHF cross is one of the most-watched crosses in the FX world. Despite the fact that is not so volatile, it reflects the differences between the SNB and ECB policies, but also the trade flows between the two regions. Lately, the EURCHF broke a major bearish trendline. Coming down […]

USDCHF

EURCHF: A Collection of Risks Could Fire Up the Swissie

EURCHF was lower by 0.30% as markets respond to increased lockdown restrictions in Paris and other major cities. There is also a nervous tone ahead of the two-day EU summit, which begins today and could see Brexit talks breakdown at Boris Johnson’s “walkaway” date and the CHF is gaining from […]

EURCHF

EURCHF Awaits German Inflation Figures Before the Next Move

EURCHF was flat on the day as the market awaits German inflation figures after news that the country’s debt hit a record high. Analysts expect a reading of -0.1% for inflation and traders will be watching closely due to the recent European Central Bank concerns over the strong Euro. Sunday […]

EURCHF

EURCHF Back Above 1.08 – Here’s Why It Should Move Lower

The EURCHF is one of the most interesting currency pairs part of the FX dashboard. Ever since the Swiss National Bank (SNB) dropped the exchange rate floor from the 1.20 level in January 2015, the pair gained worldwide fame. Even today, more than five years after the event, it acts […]

EURCHF Trades Lower on SNB Decision; ECB Launches PEPP

The Swiss National Bank (SNB) left its policy rate unchanged at -0.75%, even as the European Union's Chief Brexit Negotiator Michel Barnier has announced that he has the coronavirus.  The SNB was not expected to cut rates, which are already in negative territory and have done little to blunt the [...]