The USD/CHF pair is little changed in the morning session as traders wait for the Swiss National Bank (SNB) interest rate decision. The pair is trading at 0.8842, which is the lowest it has been since January 2015. What happened? The SNB will deliver its rate decision at 08:30 GMT […]
In this section, you will find important USDCHF news, actionable trading ideas, and a live USDCHF chart to help you understand how the Swiss Franc trades vs. the US Dollar.
The USDCHF Forex pair is one of the most commonly traded pairs in the Forex market, presenting the sixth-largest volume worldwide according to a survey by the Bank for International Settlements. USDCHF also is known as Swissie between forex traders, is the ticker symbol in fx markets that represents how many Swiss Francs you can buy with one US dollar. The Swissie launched in 1850, has long been recognized as a safe-haven currency for international traders. This is because of the stability of the Swiss economy and the low inflation in the country. Switzerland is a major global banking center and that adds to CHF strength.
Live USDCHF Chart
The USD/CHF price has tumbled to the lowest level since January 2015 as the overall sell-off of the dollar continues. The pair has already dropped by almost 10% this month and by more than 12% from the 2019 high. As of this writing, the USDCHF is trading at 0.8910 ahead […]
Bullish USDCHF scenario supporte by at least three arguments.
The USDCHF continues its descent, despite massive intervention from the Swiss National Bank (SNB). The SNB revealed recently that in 2020 its FX interventions surpassed the level in 2015 when it was forced to give up the EURCHF 1.20 exchange rate floor. Yet, the demand for CHF is surging, even […]
USDCHF possible rounding bottom calls for a move higher.
The Swiss Franc, which was put under pressure by the SNB Chair’s comments earlier in the week, saw itself under pressure from the remarks of the European Central Bank (ECB) Chair this Thursday at the press conference following the rate statement. The Swiss franc weakened against the greenback after Christine […]
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The USDCHF pair lost ground throughout the trading session as the US Dollar started the week on a bearish note across the board. The greenback is giving back nearly the entire 0.7% it gained the previous week after long positions unwound. The lower-than-expected economic growth in China triggered the unwinding […]
According to the latest CFTC Positioning Report, speculators have reduced their net short positions on the US Dollar. Net shorts on the greenback for the week ended September 29 fell from $33.60 billionto $30.47 billion. This positioning change by USD speculators is reflecting in the USDCHF pair, which is starting […]
The USDCHF looks like it had bottomed recently. The move lower to the 0.90 level was met only with buying orders. From both a technical and fundamental perspective, the pair looks poised to gain from here. The only thing that threatens the bullish perspective is the possibility that safe-haven currencies […]