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
The U.S. Economy is growing at a stable and good pace as reports show for the second quarter, and activity appears to have accelerated. However, it...
U.S. Durable Goods Orders reports show that orders rose in August due to an increase in machinery and other products with the rise in business spen...
German business sentiment worsened in September, falling for the fifth month in a row and underlining recession fears in the Eurozone’s large...
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 ...
Eurozone PMIs show a grim picture again for the economy in that region. It will likely contract in the third quarter with no chance for significant...
U.K. Inflation finally seems to get lower significantly, raising the prospect of the Bank of England (BOE) pausing its long run of interest rate hi...
The annual inflation rate for Canada increased to 4.0% from 3.3%. We all experienced a significant rise in the price of Oil and gasoline and the in...
In Canada, the IPPI rose 1.3% month over month in August from July on higher prices for energy and petroleum products, as well as chemicals and che...
Brokers' Analytics
EURUSD, “Euro vs US Dollar” EURUSD has completed a decline wave, reaching 1.0487. Today the market is forming a consolidation range above this level. A downward breakout ...
USDCHF, “US Dollar vs Swiss Franc” USDCHF quotes are above the 200-day Moving Average on H4, indicating a prevailing uptrend. The RSI has reached the oversold area. In th...
EURUSD, “Euro vs US Dollar” EURUSD has completed a decline wave to 1.0555. A consolidation range could develop above this level today. A link of growth to 1.0612 (a test ...
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has gained a foothold below the support level. The instrument is going below the Ichimoku Cloud, which implies a downtre...
EURUSD, “Euro vs US Dollar” EURUSD has completed a wave of decline to 1.0575. Today a consolidation range could develop above this level. A link of growth to 1.0616 (a te...
EURUSD, “Euro vs US Dollar” EURUSD continues to develop a consolidation range around 1.0646. Today the range could expand upwards to 1.0677. A link of decline to 1.0606 i...
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is pushing off the Tenkan-Sen line. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test...
EURUSD, “Euro vs US Dollar” EURUSD has completed a wave of decline to 1.0616. Today the market might develop a correction to 1.0686. After it is over, a new declining mov...
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.