Yen, Franc Trim Gain as SNB Lends to Credit Suisse

The Japanese yen and Swiss franc trimmed intraday haven gains over Group-of-10 currencies on report that Credit Suisse is to borrow up to CHF50 billion under a covered loan facility with the Swiss National Bank. The US dollar slipped after its best advance in a week the prior...

Yen Hits 34-Yr Low Ahead of Key U.S. Inflation Data

The yen dropped to its lowest level since 1990 on Wednesday, into the zone that triggered intervention by Japanese authorities in 2022, prompting the finance minister to warn Japan would take "decisive steps" against excessive currency moves. The dollar briefly rose to 151.97 yen in the Asia...

Yen Falls after BoJ Comments, Dollar Steady as Traders Weigh Fed Outlook

The yen slipped against the dollar on Friday after Bank of Japan governor Kazuo Ueda said it was too soon to declare victory on pulling inflation up to a desired level. Meanwhile, the dollar was little changed against its other major peers, bitcoin took a breather after surging last month, and...

USD/CHF Trades With Modest Gains Around Mid-0.9900s, Lacks Follow-Through

The USD/CHF pair attracts some buying near the 0.9925-0.9930 area on Wednesday and moves away from a one-week low touched the previous day. The pair is currently trading around the mid-0.9900s, though the modest intraday uptick lacks bullish conviction. The prospects for a more aggressive policy...

USD/CHF Surges to Near 0.8960 after SNB Announced a 25 bps Interest Rate Cut

USD/CHF has rebounded from intraday losses and shifted into positive territory following the Swiss National Bank's (SNB) decision to cut interest rates by 25 basis points (bps) to 1.50% in its March meeting held on Thursday. As a result, the USD/CHF pair trades higher around 0.8960 during the...

USD/CHF Retraces Recent Losses, Hovers Around 0.9000

USD/CHF recovers recent losses, hovering near the 0.9000 psychological level during the European session on Thursday. The USD/CHF pair moves sideways as the market shifts confidence due to US Federal Reserve (Fed) officials’ showing resistance against lowering interest rates. During the US...

USD/CHF Remains Under Pressure Below The 0.8600 Mark Amid USD Weakness

The USD/CHF pair remains under pressure below the 0.8600 region during the early Asian session on Thursday. The US dollar is weakening broadly following the Federal Open Market Committee (FOMC) meeting. The US dollar Index (DXY), a measure of the value of the Greenback against six other major...

USD/CHF Remains on The Sidelines Near The 0.8600 Mark Ahead of US Retail Sales

The USD/CHF pair retreats from Monday’s high at 0.8630 and hovers around the 0.8600 area on Tuesday’s Asian session. The pair reverses from a multi-year low following Monday's upbeat US Empire manufacturing survey. On Monday, the Federal Reserve Bank of New York revealed that the US Empire...

USD/CHF Remains Depressed Below 0.8700 with US PMI Data on Tap

The US Dollar’s attempt to bounce up from multi-month lows remains capped below the 0.8700 mark. The pair’s bearish momentum remains intact with the market awaiting the release of the preliminary US ISM PMI and the NY Fed Manufacturing Index. The Federal Reserve signaled the end of rate hikes on...

USD/CHF Remains Capped Below The 0.9200 Barrier Ahead Of The Swiss CPI Data

The USD/CHF pair holds positive ground for two straight days but remains capped below the 0.9200 barrier during the early Asian session on Tuesday. The uptick of the pair is bolstered by the firmer US dollar (USD), higher US Treasury yield, and the hawkish comments from the Federal Reserve (Fed)...

USD/CHF Rebounds From Three-Week Low Near 0.9050 on US Dollar Recovery

USD/CHF extends its losing streak for the fifth successive day, trading lower around 0.9070 during the Asian session on Tuesday. However, the pair rebounds from the three-week low as the US Dollar (USD) attempts to halt the losing streak. Moreover, the USD/CHF pair is facing downward pressure due...

USD/CHF Rebounds from a Five Month Low, Edges Higher Near 0.8620

USD/CHF recovers from the five-month low at 0.8593 level as US Dollar (USD) attempts to retrace its recent losses. The USD/CHF trades higher near 0.8620 during the European session on Wednesday. However, the US Dollar (USD) is feeling the heat following hints from the Federal Reserve (Fed) in last...

USD/CHF Reacts Little to SNB's Decision to Maintain Status Quo, Looks to US Retail Sales

The USD/CHF pair stages a modest intraday recovery from the vicinity of the monthly low, around the 0.8665 area and extends its steady ascent through the first half of the European session on Thursday. Spot prices hold steady near the 0.8720 region and move little after the Swiss National Bank...

USD/CHF Pulls Back to Near 0.8810 on Improved Swiss Trade Surplus, Subdued US Dollar

USD/CHF breaks the two days of advances as the risk sentiment improves after the positive Swiss Trade Balance figures reported on Tuesday. The report showed a trade surplus of 4,738 million in January, which is higher than December’s figure of 1,271 million. The USD/CHF pair edges lower to near...

USD/CHF Persists on a Downward Trajectory Toward 0.9100, Swiss CPI, US PMI Eyed

USD/CHF continues to move on the downward pathway, trading lower around 0.9120 during the early European trading hours on Monday. The pair experiences downward pressure due to upbeat economic data from Switzerland. Swiss Real Retail Sales (YoY) data revealed a less decline in Swiss consumer...

USD/CHF Maintains Position Above 0.9000 on Stronger US Dollar

USD/CHF retraces recent losses, trading higher around 0.9020 during the European session on Wednesday. The pair receives upward support due to the rebound in the US Dollar (USD) on the back of improved US Treasury yields. On Tuesday, Switzerland's seasonally adjusted Unemployment Rate (MoM)...

USD/CHF Looks to Surpass The Psychological Level of 0.8600, Awaits Fed Waller’s Speech

USD/CHF extends its gains for the fourth-consecutive session, trading higher near 0.8590 during the European hours on Tuesday. The Swiss Franc (CHF) faces challenges amid risk-off sentiment due to the threat of war escalation in the Middle East region. This threat is reinforced by a reported...

USD/CHF Inches Higher to Near 0.9000 on Hawkish Fed Members

USD/CHF moves in the positive direction for the second consecutive day on Tuesday, advancing to near 0.9000 during the early European session. The US Dollar (USD) saw gains fueled by hawkish comments from US Federal Reserve (Fed) officials. Fed members suggested that the Fed should postpone...

USD/CHF Holds Ground Near 0.8800 After Soft Swiss Survey Expectations, US Data Eyed

USD/CHF rebounds from losses registered in the previous two days, trading around 0.8800 psychological level at the time of writing during the European session on Wednesday. The pair is experiencing upward pressure due to Switzerland’s downbeat ZEW Survey – Expectations (Aug) released on Wednesday....

USD/CHF Holds Below 0.8550 on Heightened Risk Aversion, SNB to Adopt a Proactive Approach

USD/CHF pair is relatively quiet, hovering around 0.8540 during the early European hours on Wednesday. Heightened risk aversion seems to lead to the increased demand for safe-haven currencies like the Swiss Franc (CHF). There are concerns about Iran potentially closing the Gibraltar Strait, many...

USD/CHF Hangs Near Multi-Year Low, Oscillates in a Narrow Range Below 0.8600 Mark

The USD/CHF pair oscillates in a narrow trading band, around the 0.8575-0.8580 region through the Asian session on Wednesday and consolidates its recent downfall to the lowest level since January 2015 touched the previous day. The prevailing risk-on environment is seen undermining demand for the...

USD/CHF Hangs Around 0.8530, Risk-Aversion Emerges After Houthi’s Attack on USS Laboon

The USD/CHF pair moves sideways in the presence of heightened geopolitical conflict in the Middle East, hovering around 0.8530 during the European session on Monday. The Iran-backed Houthi militia launched an anti-ship missile at the USS Laboon in the Red Sea on Monday, which was intercepted by a...

USD/CHF Floats Around 0.8520 with a Positive Bias on a Slightly Improved US Dollar

USD/CHF stays calm after gaining profits in the previous session, hovering near 0.8520 during the Asian session on Wednesday. The US Dollar Index (DXY) maintains its position above 102.50 amid steady US bond yields, with the 2-year and 10-year yields standing at 4.35% and 4.02%, respectively. The...

USD/CHF Fails To Sustain Above 0.9440 Amid Volatile US Dollar

The USD/CHF pair has moved above the immediate hurdle of 0.9940 in the Tokyo session. The risk-sensitive currencies have sensed a minor selling interest as the USD Index (DXY) is displaying wild movements in the early trade. It would be early to say that the risk profile is changing as the...

USD/CHF Consolidates Its Gains Near The 0.8700 Mark Ahead of US PCE Inflation Data

The USD/CHF pair recovers its losses and consolidates its gain near 0.8692 during the early Asian session on Friday. The pair gains momentum following the upbeat US economic data released on Thursday. The US Dollar Index (DXY), a measure of the value of the Greenback against six other major...

USD/CHF Consolidates Gains Above 0.8660 Mark, Eyes on US Dollar

The USD/CHF pair consolidates its recent gains above the 0.8660 mark in the Asian session. The pair reversed from the 0.8560 mark on Thursday following the US Unemployment Claims data and the possibility of another Fed rate increase after the July meeting, The US Department of Labour (DOL) showed...

USD/CHF Bounces Back from Two-Week Lows, Trades Above 0.9000

USD/CHF rebounds from the two-week low, extending gains for the second successive session near 0.9010 during the Early European hours on Tuesday. The pair receives upward support as the upbeat US Treasury yields support the US Dollar (USD) to halt its losses. Switzerland's stable seasonally...

US Dollar Gains as Fed Comments on More Rate Hikes Lend Support

The dollar rose against major currencies on Monday, broadly supported by Federal Reserve officials saying additional interest rate hikes are likely given that inflation remains persistently high and the labor market is still tight. Fed Governor Michele Bowman said on Monday additional interest...

Swiss Franc Rises to Strongest Level Against Dollar Since 2015

The Swiss franc jumped to its highest level against the dollar since 2015, when Switzerland’s central bank abandoned its policy to contain currency strength. The currency reached 0.8551 per dollar on Friday, its strongest level in almost nine years. Versus the euro, the franc rose as...

Swiss franc falls to 9-week low vs dollar after Swiss CPI

The Swiss franc fell to a nine-week low against the dollar on Tuesday, after Swiss consumer price inflation slowed by more than forecast in January. Swiss consumer prices rose 1.3% from a year ago in January, down from 1.7% in December and below the 1.7% forecast from economists polled by...

Swiss Franc Eyes Longest Losing Streak Since 1975

The Swiss franc headed for its 11th daily drop versus the greenback as momentum in US yields and stocks set the tone. USD/CHF rises as much as 0.3% to 0.9151, highest since April 3; the Swiss currency has become a funding currency of choice following the SNB’s decision to keep rates steady...

Swiss Franc Eyes Longest Losing Streak Since 1975

The Swiss franc headed for its 11th straight daily drop versus the greenback as investors factored in a protracted period of high Fed interest rates. The dollar advanced for a fifth day, while the Swedish krona was the only Group-of-10 peer to gain versus the US currency and the yen edged toward...

Swiss Franc Extends Rally Against Dollar for Sixth Straight Day

The Swiss franc strengthened against the dollar for a sixth day, extending the rally that has taken it to the strongest point since January 2015, when the nation’s central bank abandoned its policy to contain currency strength. USD/CHF falls as much as 1.1% to 0.8339; that’s the lowest since...

Swiss Franc declines as SNB reduces currency reserves to seven-year low

The Swiss Franc edged lower in the Asian session today, with USD/CHF trading at 0.8830. This movement comes on the heels of the Swiss National Bank's (SNB) announcement that it has reduced its currency reserves to a seven-year low of CHF 657 billion, down significantly from last year's peak of CHF...

Swiss Franc at Nine-Year High as Dollar Weakens Ahead of Inflation Data

The Swiss franc hit its strongest level against the dollar in nearly nine years on Friday, and the euro reached a four-month high as the greenback stayed under pressure ahead of the release of a key U.S. inflation gauge later in the day. The dollar has been softening in recent months as data...

SNB Tidak Ubah Suku Bunga Utama Di -0,75%, USD/CHF Turun Dari Puncak 3-Bulan

Pada penilaian kebijakan moneter kuartal September yang diadakan Kamis ini, anggota dewan Swiss National Bank (SNB) memutuskan untuk tidak mengubah pengaturan kebijakan moneter. SNB tidak mengubah suku bunga deposit acuan di -0,75%. Bank sentral mempertahankan Kisaran Target Libor 3-Bulan stabil...

Permintaan Mata Uang Safe-Haven Mereda setelah Ketakutan Virus Sedikit Berkurang

Yen Jepang dan franc Swiss mereda dari level tertinggi sebelumnya karena kekhawatiran tentang kejatuhan ekonomi dari wabah koronavirus di China berkurang, meskipun indeks dolar bertahan di dekat tertinggi dua bulan. Pasar global agak stabil setelah aksi jual pada aset risiko yang berlangsung dari...

Penguatan Dolar Tertahan oleh Yen di Tengah Meningkatnya Permintaan Safe-Haven

Dolar tetap melemah pada Senin, tertekan oleh penurunan yang mengejutkan dalam data penjualan rumah baru dan penawaran dalam yen dan franc Swiss karena kekhawatiran meningkat atas penyebaran virus corona yang mematikan. Indeks dolar AS, yang mengukur greenback terhadap sekeranjang dari enam mata...

Looks to Fed Minutes for Clear Direction Below 0.9000

USD/CHF retreats from intraday high but defends a three-day winning streak around 0.8970 heading into Wednesday’s European session. In doing so, the Swiss Franc (CHF) eases from a one-week-old symmetrical triangle. That said, the gradually improving RSI (14) line and the higher low formation...

Japan's Yen Hits 34-Year Low, Sparking Intervention Warnings

The yen dropped to its lowest level since 1990 on Wednesday, into the zone that triggered intervention by Japanese authorities in 2022, prompting the finance minister to warn Japan would take "decisive steps" against excessive currency moves. The dollar briefly rose to 151.97 yen in the Asia...

Euro Holds Drop After German CPI, Swiss Franc Slips

The euro stayed near its year-to-date low versus the dollar after regional inflation readings out of Germany; the Swiss franc fell to a fresh cycle low versus the greenback. The Bloomberg Dollar Spot Index erases earlier gains as the pound and the yen reversed losses; the gauge rose as investors...

Dollar Toys With 150 Level Vs Yen After Powell And Treasuries Double-Whammy

The dollar nudged at the closely watched 150 level against the yen on Friday, encouraged by a rise in U.S. 10-year Treasury yields towards 5% after Federal Reserve Chair Jerome Powell suggested there was scope for more rate rises. The yield on the benchmark 10-year Treasury, which nudged at 5%...

Dollar Steady In Thin Liquidity, Franc Outperforms

A gauge of the dollar consolidated Thursday’s gain on the last trading day of the year. The Swiss franc, which has posted the strongest gain against the greenback among the Group-of-10 year-to-date, also outperformed on Friday. The Bloomberg Dollar Spot Index rose 0.1%; the index has lost...

Dollar Steady as China Disappoints, Traders Eye Jackson Hole Meeting

The dollar was firm through Asia trade on Monday, following five straight weeks of gains, as investors looked ahead to the Federal Reserve's Jackson Hole symposium for guidance on where rates might settle when the dust of this hiking cycle clears. The U.S. dollar made a gain of 0.7% on the euro...

Dollar Steadies, Yen Teeters Ahead Of Key US Inflation Data

The dollar steadied on Wednesday in the wake of more strong U.S. economic data, nudging the Japanese yen closer to a test of levels that drew official market intervention back in 2022. The yen traded at 151.52 per dollar early in the Asia session, within a whisker of 151.94 where Japanese...

Dollar Slips as Traders See US Rates Peaking

The dollar fell broadly on Thursday, with risk-sensitive Asian currencies leading gains, as investors cheered a likely peak in U.S. interest rates after the Federal Reserve left them on hold. Focus now turns to the Bank of England and sterling crept 0.3% higher to $1.2180 and firmed to 86.98 per...

Dollar Sits at Near Two-Week Low; US Inflation Test Looms

The dollar meandered near a two-week low on Thursday ahead of U.S. inflation data that will help shape the Federal Reserve's next policy steps, a day after the release of minutes from the Fed's last meeting showed policymakers taking a cautious stance. The dollar index, which measures the U.S....

Dollar Set for Weekly Rise as Swiss Cut Signals Potential Rates Gap

The U.S. dollar was set for a second week of broad gains on Friday, with even a rate hike in Japan unable to halt its march, and a surprise cut in Switzerland highlighting the gap between the Federal Reserve and global peers in interest rate settings. Expectations for policy easing in China have...

Dollar Set for Weekly Gain, Yen Extends Drop

The dollar is on pace for its first weekly gain in four as expectations of Federal Reserve rate cuts this year are reduced following a series of above-forecast inflation reports. Volumes were subdued ahead of a series of policy meetings next week.  The Bloomberg Dollar Spot...

Dollar Pauses Climb Ahead of Payrolls Test, Yen on Backfoot

The dollar climbed a bit against the yen on Friday, but largely stayed below recent highs against its major peers as investors looked ahead to a U.S. jobs report later in the day that could influence the path for interest rates. The greenback climbed 0.20% against the yen to 142.8, while the euro...

Dollar Hits 150 Yen Then Dips on Intervention Jitters

The dollar touched the closely watched 150 level against the yen on Friday, before falling back again, as investors positioned for the Federal Reserve to hold rates higher for longer. A move above 150 is seen in the market as having the potential to spur an intervention by Japanese monetary...

Dollar Halts Two-Day Drop as Yields Offer Support

The dollar edged higher and Treasury yields rebounded amid expectations that US economic data this week will show continued strength in the world’s largest economy.  The Bloomberg Dollar Spot Index rose 0.1% after losing 0.2% in the past two days. The Treasury 10-year yield climbed six basis...

Dollar Gains With Yields on Fedspeak, Yen Weakens

The greenback edged up amid rising Treasury yields following policy comments from Federal Reserve Bank of Richmond President Thomas Barkin and higher oil prices. The yen continued to trade defensively after earlier dovish-leaning comments from the Bank of Japan’s Deputy Governor Shinichi...

Dollar Gains Trimming Monthly Losses as Euro Drops

The dollar trimmed monthly losses as the euro fell sharply following data that showed inflation in France eased more than expected. The euro touched its weakest level against the British pound since September and lowest against the Swiss franc in a month. The Bloomberg Dollar Spot...

Dollar Edges Down After Data, Yen Squeezed, Swiss Franc at Multi-Month Lows

The dollar hit a one-week low on Thursday as economic data supported expectations for quick rate cuts in the United States, while the battered yen was little changed against other majors. An unexpected slowdown in U.S. services growth had knocked the dollar lower on Wednesday. However, for the...

Dollar Eases as Market Shrugs Off Inflation Revision Data

The dollar eased on Friday as it headed for a fourth week of gains while traders reduced their bets on how quickly the Bank of Japan might raise interest rates and how soon the Federal Reserve will cut them. Traders shrugged off revised U.S. monthly consumer prices that rose less than initially...

Dollar Drops to 3-Month Low, Heading for Biggest Monthly Fall in a Year

The U.S. dollar sank to a three-month low on Tuesday, as investors continued to take the view that growth in the world's largest economy is starting to slow down after an aggressive tightening cycle since March last year. That slowdown should prompt the Federal Reserve to begin easing some time...

Dollar Diverges From Yields, Yen Orbits 150 Level

The dollar erased Asia-session gains, even as Treasuries retreated, while front-end volatility came under pressure after the London open amid diplomatic coordination to try to prevent the Israel-Hamas conflict from spreading.  Treasury yields rebound and e-minis reverse earlier...

Dollar Dips as Rally Peters Out, Most PMI Data Adds to Market Optimism

The dollar fell on Thursday as share markets hitting record highs drove optimism across asset classes and traders digested a slew of largely better-than-expected business activity surveys, looking for implications for interest rates. Flash Purchasing Managers' Index (PMI) figures showed the...

Dollar Caps First Annual Drop Since 2020; Franc Up

The greenback clawed back an earlier loss to trade mixed against counterparts on the final session of the year. For the year, a gauge of dollar strength fell for the first time since the pandemic outbreak, while the Swiss franc outpaced its G-10 peers. The Bloomberg Dollar Spot Index was...

Dollar at 10-Month Top as US Yields Spike; Yen Slides

The dollar stood by 10-month highs against a basket of major currencies on Tuesday, supported by U.S. bond yields scaling 16-year peaks, while the yen tiptoed deeper into the intervention danger zone. A combination of resilient economic data, hawkish Federal Reserve rhetoric and a budget deficit...

Dollar at 10-Month High as US Yields Spike; Yen Slides

The dollar stood by 10-month highs against a basket of major currencies on Tuesday, supported by U.S. bond yields scaling 16-year peaks, while the yen tiptoed deeper into the intervention danger zone. A combination of resilient economic data, hawkish Federal Reserve rhetoric and a budget deficit...

Dolar Naik vs Yen, Franc; Mata Uang Berisiko Naik pasca Pedagang Menghentikan Aksi Ambil Untung

Dolar AS naik terhadap safe-haven yen Jepang dan franc Swiss pada hari Jumat karena saham di Wall Street memantul dari kinerja satu hari terburuk dalam tiga bulan, sementara euro naik tipis terhadap greenback, menghapus kenaikan awal. Yen melemah terhadap dolar untuk pertama kalinya dalam lima...

Dolar Gain, Sentuh Level Tertingginya 4-Bulan versus Euro

Dolar mendorong lebih tinggi pada awal perdagangan Eropa Kamis, naik ke level tertinggi empat bulan terhadap euro terkait gelombang Covid ketiga dan peluncuran vaksin yang lambat di Eropa membebani mata uang tunggal tersebut. Pada 4 AM ET (0800 GMT), Indeks Dolar, yang mengikuti greenback...

Dolar Bergerak lebih tinggi Dalam Perdagangan Ringan Saat Hong Kong Kembali Bergejolak

Dolar memulai minggu sedikit lebih tinggi di Eropa, meskipun dalam volume sederhana tertekan oleh hari libur umum di AS dan Inggris, dengan latar belakang ketegangan yang membara antara AS dan China. Pada pukul  5 pagi ET (0745 GMT), indeks dolar, yang mengikuti greenback terhadap sekelompok...

Currency Markets Steady, Busy Week Ahead For Investors

The U.S. dollar weakened slightly on Monday, at the start of an action-packed week for markets with Britain's budget, a European Central Bank meeting, U.S. jobs data and important political moments in both China and the U.S. all due. Eyes were also on Bitcoin, which rose to a more than two-year...