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
Australian employment fell in March after an enormous gain the month before, while the jobless rate resumed its uptrend. Net employment dropped 6,6...
Investors rushed into the Swiss franc and Japanese yen – long seen as safe-haven currencies – on Friday after reports said Israel had a...
Inflation was reported lower for the U.K. but higher than the forecast. The slowdown in the fall in Britain’s inflation rate follows an accel...
The labour market in the U.K. still experiences wage growth. However, more people are dropping out of the workforce. Regular wages excluding bonuse...
U.S. retail sales increased more than expected in March, further evidence that the economy ended the first quarter on solid ground. Strong retail s...
The University of Michigan’s preliminary reading on the overall Consumer Sentiment index was reported low, at 77.9 this month, compared to a ...
The European Central Bank (ECB) kept interest rates at record highs yesterday but gave a clear signal that it may be preparing to proceed with cuts...
The U.S. inflation report yesterday shook the markets as it showed that U.S. consumer prices increased more than expected in March leading financia...
Brokers' Analytics
EURUSD, “Euro vs US Dollar” The EURUSD pair continues developing a consolidation range. By now, a decline wave structure has been completed at 1.0700 alongside a correcti...
EURUSD, “Euro vs US Dollar” The EURUSD pair practically finished a correction wave at 1.0884 and started developing a decline wave because of the news. By now, the quotes...
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. A...
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a growth wave at 1.0880. Today the market is forming a decline structure aiming 1.0822. Once this level is reach...
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a growth wave targeting 1.0850. Today the market is forming a consolidation range around this level. A further c...
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a decline wave, reaching 1.0791. Today, the market may correct towards 1.0845. After the price reaches this leve...
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a correction wave to 1.0870. Today the market has started a new structure of a decline wave. The first target is...
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is declining following a rebound from the resistance level. The pair is going below the Ichimoku Cloud, which suggests a...
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.