The USD/CHF reached an intraday low of 0.9144 as the US Dollar (USD) is easing up broad-market pressures and giving the Swiss Franc (CHF) a chance to
European safe-haven flows are helping to bolster the Franc.Swiss inflation declined 0.1% on Tuesday, making the Swiss National Bank the envy of their peers, with inflation proving to be a sticky problem for the rest of the European economies. European safe-haven flows from across the EU are giving the CHF some support.was seen stepping up their foreign currency operations in an effort to support the Swss Franc; the SNB sold $44.
The Greenback's recent rise has sent the USD/CHF back over the 200-day SMA currently settling just south of 0.9050, and Tuesday's peak of 0.9244 represents a seven-month high for the pair.Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
USD/CHF climbs above the 0.9200 area following the Swiss CPI dataThe USD/CHF pair gains traction above 0.9200 during the early European session on Tuesday. The upside of the pair is bolstered by the firmer US data a
Read more »
USD/CHF climbs back over 0.9150 as markets go risk-offThe USD/CHF sees a Monday rebound after last Friday's decline, and broad-market risk flows are seeing investors pile into the US Dollar (USD) ahead of
Read more »
USD/CHF holds ground above 0.9200 near seven-month high, US data eyedUSD/CHF holds ground near a seven-month high marked on Tuesday, trading higher for the third consecutive day around 0.9220 during the early European t
Read more »
Swiss Writer Sentenced to Jail for Calling Journalist a 'Fat Lesbian'A Swiss court sentenced polemicist Alain Soral to sixty days in jail for defamation, discrimination and incitement to hatred.
Read more »
Novartis unit Sandoz starts trading at 24 Swiss francs after completing spinoffNovartis has completed the planned spin-off of its generics and biosimilars business, Sandoz, which will begin trading on the SIX Swiss Exchange on Wednesday.
Read more »
Swiss LGBTQ groups praise jail sentence for commentator who called journalist a ‘fat lesbian’Writer and commentator Alain Soral lashed out at journalist Catherine Macherel in a Facebook video two years ago, calling her a “fat lesbian” and 'unhinged.'
Read more »