USD/CHF Steadies After Sharp Decline as Swiss Jobs Data and Fed Outlook Weigh on Dollar
The USD/CHF pair recovered modestly in early Asian trading on Monday, hovering near 0.8020 after posting nearly 1% losses in the previous session. The rebound…
Posts Tagged: Switzerland
US Dollar Attempts Recovery but Remains Pressured Near Long-Term Lows
The US Dollar (USD) is showing a modest rebound on Thursday, recovering slightly after two days of consecutive losses. Despite the uptick, the Greenback continues…
SEC Resumes Registration Process For Swiss Asset Managers
Swiss asset managers are once again welcome in the U.S. market after a long period of restriction. This shift comes as the U.S. Securities and…
Swiss Broker Dukascopy Releases H1 2024 Financial Report; Reveals Dip in Income, Profit
A Swiss forex and contracts for difference (CFD) broker based in Geneva, Dukascopy, recently published its financial report for the first half of this year….
USD/CHF Rebounds as Soft Swiss GDP Clashes with Strong US Jobs Report, Yields
Early Tuesday morning in Europe, the USD/CHF exchange rate recovered from early week losses to maintain its intraday high of 0.8855. The CHF/USD pair reacts…
Switzerland Gearing Up for the UBS Acquisition of Credit Suisse
According to reports, the Swiss National Bank and Switzerland’s financial watchdog think that UBS, the country’s largest bank, should buy investment bank Credit Suisse to…
USD/CHF Bearish Break Pullback Levels
USDCHF recently fell through support around the .9950 minor psychological mark and has found support at .9850. A pullback to the area of interest could…
SIX Swiss Exchange Reached CHF 94.5B in September
In September, overall exchange turnover on SIX Swiss Exchange, Europe’s third biggest trading platform and leading post-trade support provider attained CHF 94.5B, a 20.6% rise…