The USDCHF continues its descent, despite massive intervention from the Swiss National Bank (SNB). The SNB revealed recently that in...
USDCHF
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
Chart by TradingView
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...
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The USDCHF pair lost ground throughout the trading session as the US Dollar started the week on a bearish note...
According to the latest CFTC Positioning Report, speculators have reduced their net short positions on the US Dollar. Net shorts...
The USDCHF looks like it had bottomed recently. The move lower to the 0.90 level was met only with buying...
With the financial markets, sometimes you never know. The US Dollar had been on a bullish roll this Wednesday. However,...
The USDCHF bounced from the 0.90 level just when the Dollar Index reversed. The recent move lower in the last...
The USD/CHF continued on its bullish track for the 6th straight day, buoyed by a stronger greenback and the SNB...