Chart of price change USD/CHF
Currency pair USDCHF — is a pair which in many respects depends on an economic situation of the United States of America. USDCHF is one of the most popular currency pairs among traders today. Choosing this currency pair, the trader should pay attention to the economy of the USA. Switzerland is one of the most developed and rich countries who, according to the western economists enters in the ten countries of the world on the level of economic competition and has one of the largest world banks. Production of the country is more directed on the foreign markets that allow cooperating with EU countries fruitfully.
Economic news
Eurozone inflation held steady as expected in April. The ECB is expecting a rate cut on June 6, provided there is no surprise in wage or price deve...
The yen dropped against the dollar yesterday quite heavily, wiping out some recent gains sparked by suspected intervention by Japanese authorities....
The Bank of Japan (BOJ) kept interest rates steady on Friday and highlighted that inflation was on track to durably hit its target of 2% in coming ...
U.S. economic growth (GDP change) slowed more than expected in the first quarter, but a surprisingly hot quarterly Personal Consumption Expenditure...
Australian consumer price inflation slowed less than expected in the first quarter as service cost pressures stayed stubbornly high, a disappointin...
Winners vs Losers AUDJPY is on the top of the weekly list of gainers with 1.57% gains. Silver re-gained some of the performance yesterday reaching ...
The U.S. dollar regained some ground on Wednesday following big falls against the euro and sterling the day before, while the yen remained mired ne...
U.K.’s retail sales growth was reported at 0% in March despite high inflation easing recently, representing the first time that they have not...
Brokers' Analytics
EURUSD, “Euro vs US Dollar”The EURUSD pair has completed a growth wave, reaching 1.0752, and declined to 1.0673. Practically, the market continues to form a wide consolid...
EURUSD, “Euro vs US Dollar”The EURUSD pair has completed a growth wave towards 1.0733 and a decline link to 1.0678. Practically, the boundaries of a consolidation range h...
EURUSD, “Euro vs US Dollar”The EURUSD pair continues developing a consolidation range around 1.0700. A growth link to 1.0717 is expected. Next, a decline link targeting 1...
USDCHF, “US Dollar vs Swiss Franc”USDCHF quotes are above the 200-day Moving Average on D1, indicating a prevailing uptrend. However, divergence has formed on the RSI. In...
GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD is preparing to break the resistance level. The instrument is going inside the Ichimoku Cloud, which suggests a flat tren...
EURUSD, “Euro vs US Dollar” The EURUSD pair escaped the consolidation range upwards and completed a growth link at 1.0710. Today it might drop to 1.0666 (testing from abo...
EURUSD, “Euro vs US Dollar” The EURUSD pair is currently in a consolidation phase around 1.0650 without any strong trend. A price rise to 1.0693 is not ruled out, followe...
EURUSD, “Euro vs US Dollar” The EURUSD pair continues developing a consolidation range around 1.0650. A growth link targeting 1.0693 is not excluded, after which a declin...
The benefit of USDCHF contains in that the franc has a big credibility around the world and often investors consider Swiss franc the salvation for the equity at the time of crises. For this reason, during the transfer of large amounts of money in the emergency order, the franc price increases in several times compared to other currencies.
Certainly the franc has also weaknesses which should be known. Reducing export of Switzerland to EU countries as the production of the country is directed on the foreign markets can weaken the franc.
The currency pair of USDCHF can be considered rather a predictable couple, and low volatility doesn't allow getting big profit. It should be noted that USDCHF pair it is very sensitive to the changes in the world stock markets.