Tag Archive: USD/CHF
FX Weekly Review, August 22 – August 26: Swiss Franc Loses Most Gains Again
After winning 5% against the dollar index last week, the Swiss Franc index lost 3% again. CHF lost against both USD and EUR. Reason: An increased probability of a rate hike in the U.S.
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FX Weekly Review, August 15 – August 19: Swiss Franc index improves 5% compared to dollar index
The US dollar lost ground against nearly all the major currencies last week. The sole exceptions were the Australian dollar, where Moody's decision to cut the outlook for five Australian banks wiped out the previous small gain. The Swiss Franc index gained nearly 5% compared to the dollar index.
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FX Weekly Review, August 08 – August 12: Finally an Improvement of the CHF Index
The CHF index experienced its first good week since many weeks, when we compare it against the dollar index. On a three years interval, the Swiss Franc had a weak performance.
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FX Weekly Review, August 01 – August 05: Does the Jobs Report Give the Greenback Legs?
The robust US employment report before the weekend allowed the dollar to recoup the losses it experienced earlier in the
week against most of the major currencies. The Australian dollar and Japanese yen managed to hold onto minor gains for the
week.
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FX Weekly Review, July 25 – July 29: Dollar Hobbled; Technicals Warn of More Losses
The US dollar advance was stopped in its tracks by the
disappointingly weak Q2 GDP figures. The 1.2% annualized growth rate was
roughly half of the pace expected. The FOMC statement earlier in the week did not leave the impression that a September hike was likely, and with the poor growth numbers, the odds were downgraded
further.
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FX Weekly Review, July 18 – July 22: Will the FOMC Halt the Dollar’s Advance?
The US dollar gained against all the major currencies over the past week. It also rose against many emerging market currencies. A notable exception was the Chinese yuan.
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FX Weekly Review, July 11 – July 15: It is not About the Dollar, but About Other Currencies
Our weekly review of currency movements, with focus on the Swiss franc. This week: The US dollar is easily the most traded currency, and despite the plethora of other currencies, it is on one side of nearly 90% of all trades. Yet the movement in the foreign exchange market presently is not so much driven by the dollar as it is by other currencies.
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FX Weekly Review, July 04 – July 08: Further SNB Interventions, Good Dollar Week
In the Brexit month, the Swiss franc index clearly underperformed the dollar index. The major reason is that the dollar is seen as a better safe-haven than the Swiss Franc, possibly because Swiss sales are affected more when British demand falls.
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FX Weekly Review: June 27 – July 01: Swiss Franc Strength Reversed
Week after Brexit.: The Swiss franc (-0.3%) and the yen (-0.5%) were the worst performers, as so-called safe haven buying was reversed.
But the Swiss Franc index is still stronger in the last month than the dollar index.
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FX Weekly Review: June 20 – June 24: Dollar Appreciates with Brexit
The dramatic reaction to the UK decision to leave the European Union has changed the technical condition in the foreign exchange market. The EUR/CHF peaked shortly before the Brexit referendum, when traders were anticipating a yes. It found its trough when the No was published. Then the SNB intervened.
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