USD/CHF FORECAST AND NEWS


Latest Swiss Franc News


USD/CHF Technical Overview


Fundamental Overview



USD/CHF Big Picture

USD/CHF Bullish Themes

USD/CHF Bearish Themes

Latest Swiss Franc Analysis


Latest CHF Analysis

Editors' picks

EUR/USD falls as Wall Street turns red

EUR/USD falls as Wall Street turns red

EUR/USD turned bearish as Wall Street gives up and major indexes turn red. The pair trades near a fresh weekly low in the 1.0460 price zone. Earlier in the day, the European Central Bank trimmed interest rates as expected, and the United States published discouraging employment and inflation-related data.  

EUR/USD News
GBP/USD dips below 1.2700 as US Dollar surges on risk aversion

GBP/USD dips below 1.2700 as US Dollar surges on risk aversion

GBP/USD finally broke below the 1.2700 mark in the American session, as sentiment shifted to the worse, following dismal US employment and inflation-related data. The poor performance of stocks and an uptick in Treasury yields boost demand for the US Dollar. 

 

 

GBP/USD News
USD/JPY rally halts at 152.90 awaiting more data from the US

USD/JPY rally halts at 152.90 awaiting more data from the US

The recovery of the USD/JPY pair reverses with bulls halted at 152.90. Dovish comments from BoJ officials and strong US data are supporting the pair. The immediate bias remains positive, with bears capped above 152.00.

USD/JPY News
Gold price plummets as traders cash in on hot US PPI

Gold price plummets as traders cash in on hot US PPI

Gold prices snapped a four-day streak of gains on Thursday, tumbling more than 1% as investors digested mixed economic data from the United States. A softer than expected jobs report, but higher prices on the producer’s side, kept traders from pushing Bullion prices higher. 

Gold News
Crude Oil sees rally halts on the back of OPEC+ report dragging Oil prices lower

Crude Oil sees rally halts on the back of OPEC+ report dragging Oil prices lower

Oil prices are for failing to hold on this week's winning streak.The EIA report from Wednesday showed Cushing Crude Supply fell to a seven-year low. The US Dollar Index trades stronger after the European Central Bank interest-rate decision failed to convince markets. 

Oil News

Majors

Cryptocurrencies

Signatures


Influential Institutions & People for the USD/CHF

On the other hand we found The Federal Reserve System (Fed) wich is the central banking system of the United States. Fed has two main targets: to keep unemployment rate to their lowest possible levels and inflation around 2%. The Federal Reserve System's structure is composed of the presidentially appointed Board of Governors, partially presidentially appointed Federal Open Market Committee (FOMC). The FOMC organizes 8 meetings in a year and reviews economic and financial conditions. Also determines the appropriate stance of monetary policy and assesses the risks to its long-run goals of price stability and sustainable economic growth.

The Swiss National Bank (SNB)

The Swiss National Bank conducts the country’s monetary policy as an independent central bank. It is obliged by the Constitution and by statute to act in accordance with the interests of the country as a whole. Its primary goal is to ensure price stability, while taking due account of economic developments. In so doing, it creates an appropriate environment for economic growth.

The official website, on Twitter and YouTube


Jerome Powell

Jerome Powell took office as chairman of the Board of Governors of the Federal Reserve System in February 2018, for a four-year term ending in February 2022. His term as a member of the Board of Governors will expire January 31, 2028. Born in Washington D.C., he received a bachelor’s degree in politics from Princeton University in 1975 and earned a law degree from Georgetown University in 1979. Powell served as an assistant secretary and as undersecretary of the Treasury under President George H.W. Bush. He also worked as a lawyer and investment banker in New York City. From 1997 through 2005, Powell was a partner at The Carlyle Group.

Thomas J. Jordan

Thomas J. Jordan was born in Bienne, Switzerland in 1963. Thomas J. Jordan is a member of the Board of Directors of the Bank for International Settlements (BIS) in Basle and the Steering Committee of the Financial Stability Board (FSB). He is the Governor of the International Monetary Fund (IMF) for Switzerland, and also Chairman of the G10 Central Bank Counterfeit Deterrence Group (CBCDG).

FED NEWS & ANALYSIS

SNB NEWS & ANALYSIS


About USD/CHF

The pair reflects how many Swiss Francs are needed to purchase one American dollar. Both currencies are considered safe-havens, although after the SNB lifted the peg with its currency with the EUR back in January 2015, the CHF has partially lost attractive in turmoil times, with speculative interest more inclined then to buy the JPY or Gold. With sentiment in risk-off mode, the American dollar tends to weaken more than any other safe-haven asset.