US Dollar Index tumbles to fresh weekly lows at 98.73, down 4% from the top.  US data: Consumer Sentiment Index suffers second-largest monthly decline in March. The USD/CHF pair is falling for the fourth consecutive day amid an ongoing sell-off of the US dollar. The DXY approached earlier on Friday the 100.00 area and recently bottomed at 98.73, the lowest level since March 17. 

Swiss franc losses strength versus USD, EUR despite risk aversion. USD/CHF modestly lower for the day after finding resistance at 0.9500. The USD/CHF was trading around 0.9470, modestly lower from the level it closed on Friday. The pair bottomed during the European session at 0.9390, following rate cuts from many central banks. It then rebounded as the DXY turned positive, trimming losses. 

Analysts at MUFG Bank, point out that the Swiss franc has strengthened alongside the price of gold, perhaps reflecting debasement fears. They argue market participants are also questioning Swiss National Bank’s appetite for maintaining negative rates and intervening to dampen CHF strength.

Swiss Franc amid the worst performers on Thursday amid positive trade headlines. US dollar rises supported by higher US yields; Wall Street hits a new record. The USD/CHF pair broke to the upside after trading sideways around 0.9925 for hours. It climbed to 0.9975, reaching a three-week high. Near the end of the session, it is consolidating gains, holding above relevant short-term technical levels. 

US Dollar strengthens during the American session after US data. Swiss Franc fails to benefit from the demand for safe-haven assets. The USD/CHF pair rebounded at 0.9890 and climbed to 0.9930, the highest level since October 17. As of writing, trades at 0.9920, up almost 20 pips for the day, on its way to the fourth daily gain in-a-row. 

Swiss Franc flat versus US Dollar, down against its European rivals. Another weak economic report from the US keeps the Greenback and markets under pressure. The USD/CHF pair again was capped by the 1.0025/30 area and pulled back. Near the end of the session it is hovering around 0.9980/85 after falling to 0.9950.

US Dollar rises versus Swiss Franc for the second-day in-a-row. USD/CHF testing key 200-day simple moving average and 0.9950. The USD/CHF rose on Thursday, holding firm above 0.9900. The pair peaked on European hours at 0.9947 and then pulled back finding support at 0.9900. The bounced back to the upside unable to challenge daily highs and is trading at 0.9930.