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.
The dollar was steady on Monday as traders looked ahead to a week dominated by central bank meetings worldwide, with the Bank of Japan se...
According to the reports for PPI and Retail Sales in the U.S., Producer prices experienced a jump and retail sales were reported to grow. The U.S. ...
According to the Gross Domestic Product (GDP) report yesterday, Britain’s economy returned to growth in January after entering a shallow rece...
Unemployment-related benefits (Claimant Count) are higher (for February 2024 period ) than previous and with lower average earnings reported. The u...
Winners vs Losers The week just started with pairs showing moderate volatility. The USD recovered a bit after a heavy fall last week. The USDJPY is...
Canada added a net 7K jobs in February, double the expected gain as data showed on Friday, while wage growth slowed for a second consecutive month....
The European Central Bank (ECB) kept borrowing costs at record highs with the decision to hold all three key rates steady, saying it had made good ...
The Bank of Canada (BoC) kept its key overnight rate steady at 5% as expected saying underlying inflation is still high and no cuts are considered ...
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a growth wave to 1.0866. A correction structure to 1.0843 (testing from above) is expected today. Once the corre...
XAUUSD, “Gold vs US Dollar” Gold is rising within the bullish channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Se...
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a decline wave, reaching 1.0799. Amid the news, the market received support at this level, creating upward momen...
EURUSD, “Euro vs US Dollar” The EURUSD pair corrected to 1.0886, and today the first structure of the fifth decline wave to 1.0570 is already developing. The target of th...
USDCHF, “US Dollar vs Swiss Franc” USDCHF quotes have broken the 8/8 (0.8789) level, escaping the overbought area on H4. The RSI is testing the support line. In this situ...
EURUSD, “Euro vs US Dollar” The EURUSD pair has corrected to 1.0845. Today the market is forming a consolidation range around 1.0836. With an escape from the range upward...
EURUSD, “Euro vs US Dollar” The EURUSD currency pair extends a decline wave to 1.0830. Practically, a consolidation range continues developing around this level. With an ...
EURUSD, “Euro vs US Dollar” The EURUSD pair continues developing a consolidation range around the 1.0823 level. A decline link to 1.0808 is expected today. Next, a rise t...
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.