CHF
Swiss Franc’s Strength Against Euro Worrisome
… It is difficult for companies to cope with the competitive implications of the persistent strength of the Swiss franc. By the OECD calculations, the Swiss franc is the most over-valued currency in its universe nearly 45% overvalued against the dollar and…
The Swiss franc is only going to get more expensive
…started suggesting that those interested in diversifying away from the pound looked at holding Swiss francs some years ago. Anyone who did so will be pleased. It is up 11% against the euro in the last three months alone. On most measures, the currency is…
Swiss franc treads water vs euro, uncertainty lingers
…high of 1.13650 francs per euro early on Monday, but it then eased after a report Germany plans to hit Swiss banks holding deposits from German tax dodgers buoyed the single currency. At 0720 GMT, the franc was trading near flat against the euro compared…
Dollar Maintains Gain Against Franc as Obama Endorses Deficit-Cutting Plan
The dollar maintained a two-day gain against the Swiss franc after President Barack Obama endorsed deficit-cutting measures as a step toward raising the debt ceiling and avoiding default. Obama called the revival of the so-called Gang of Six proposal “g
Strong franc gnaws deeper into Swiss economy
…costing SFr1.14 compared with SFr1.50 at the end of 2009. Many companies would go to the wall if the franc reaches parity with the euro, Peter Widmer, president of the Swiss export association, told the Blick newspaper in May. “If that really happens then…
For Swiss multinationals, no safe haven in the franc
For every action there is an equal and opposite reaction. Many Swiss companies have discovered the hard way that Issac Newton’s third law applies not just to motion but also to the currency markets. The 30 per cent appreciation of the Swiss franc against
Swiss Franc Headed Much Higher
The Swiss Franc is a currency that has been on a tear, rising in value significantly due to greater global demand for safe stores of wealth — safety from volatility and preservation of purchasing power. Assets that exhibit these attributes will soar mos
Zloty Gains From Record Low to Swiss Franc as Euro Crisis Eases
Poland’s zloty strengthened against the Swiss franc for the first time in eight days, rebounding from the weakest on record, as speculation Europe will resolve its debt crisis boosted investor demand for riskier assets. The zloty gained as much as 2.1 p
Euro Strengthens on Debt Agreement Optimism; Swiss Franc Drops
July 19 (Bloomberg) — The euro rallied against the dollar and rose from almost a record low versus the Swiss franc on bets European officials are approaching an agreement over measures designed to contain the region’s sovereign-debt crisis. The 17-nati
Swiss Franc Continues Rallying against Euro as Debt Fears Persist
…a lot of headwind for the franc and precious metals, might want to consider the following trades: CurrencyShares Swiss Franc Trust ETF (NYSE: FXF) is a long play on the franc. FXF should rise if the frank appreciates. ELEMENTS MLCX Precious Metals ETN (NYSE:…
Euro Erases Its Declines Against Dollar, Yen; Advances Versus Swiss Franc
…euro erased declines against the dollar and the yen, and strengthened versus the Swiss franc. The 17-nation currency traded little changed at $1.4109 as of 7:49 a.m. in London after weakening as much as 0.3 percent to $1.4069.
Swiss Franc – the World’s Greatest Currency
Just look at the Euro has been wiped out in the face of a country that actually has its fiscal act together. A tradition of neutrality seems to pay long-term dividends, don’t you think? Switzerland has kicked the entire world’s butt. Just look at the Eur
FOREX-Worsening debt crisis hits euro; Swiss franc gains
…analysts see support at the 200-day moving average at $1.39121. The euro hit a record low of 1.13650 Swiss francs EURCHF=EBS on EBS, before bouncing back to last trade at 1.1521, down 0.1 percent. As Germany presses for significant private sector involvement…
Euro Drops Before Leaders Meet This Week; Franc Rises to Record
July 18 (Bloomberg) — The euro fell to a record versus the Swiss franc and slid the most in almost a week against the dollar on concern European leaders will fail to agree on a way to contain the region’s debt crisis at a summit this week. The franc re
Euro and Dollar Strike New Lows vs Swiss Franc on Debt Worries
…down from Friday’s 1.1501 Swiss Francs trade in New York. The U.S. Dollar traded against the Swiss Franc at 0.8034 Swiss Francs on the EBS trading platform, off from the 0.8129 Swiss Francs traded on Friday. Surprisingly, the results of the Friday bank stress…
USD/CHF Eyeing 0.8000 Psychological level.
…technical analysis, forex software posts, insights about the forex industry and whatever is related to Forex. Usd/Chf made a nice sell-off in the past week, from 0.8500 region where wave (e) completed a very nice, clean running triangle. We know that…
Swiss Franc En Route To Securing Parity With The Euro
…Paris. However, analysts feel that the franc is, at 46 percent, the most overvalued currency. A “negative currency effect” of about 87 million is a very real danger in the coming months. So it is no surprise that the Swiss National Bank is following the developments…
Swiss franc touches fresh high against euro
…reflecting continued concerns over high debt levels in the eurozone and the United States. The Swiss currency reached a record 1.1404 francs against the euro, and then eased slightly in mid-morning trading. Against the US dollar, the franc fell slightly…
Franc Is Most Expensive Currency as Taylor Sees Euro Parity
…ingredients, said on June 30 it expects a “negative currency effect” of about 60 million to 70 million Swiss francs ($87 million). The threat of central-bank intervention may not be enough to deter buyers, said Roberto Mialich, a senior currency strategist…
Risk aversion lifts gold, Swiss franc; stocks dip
…to remain cautious,” he said. Reflecting those worries, the greenback fell to as low as 0.8034 against the Swiss franc on EBS, against 0.8129 late on Friday, before settling higher. The euro extended its slide against the Swiss franc, gapping to a record low…
