Loading...

Reklāma

Swiss Franc Slides Amid Risk Appetite

RTTNews | 657 days ago

Swiss Franc Slides Amid Risk Appetite

(RTTNews) - The Swiss franc fell against its major counterparts in the European session on Friday amid risk appetite, as investors awaited the release of U.S. jobs data later in the day for further clues on the growth and rate outlook.

Strong earnings reports from Apple and Amazon underpinned risk sentiment.

Economists expect the U.S. economy to have added about 200,000 jobs in July, but job gains could be higher because of the upbeat ADP employment data released earlier this week.

Richmond Federal Reserve President Tom Barkin said on Thursday that the impact of higher interest rates "should start to really hit around now" but easing inflationary pressures could help stave off a widely predicted U.S. recession.

The franc dropped to 1.1155 against the pound and 0.9608 against the euro, off its early highs of 1.1101 and 0.9561, respectively. The next possible support for the franc is seen around 1.13 against the pound and 0.98 against the euro.

The franc weakened to 162.43 against the yen and 0.8782 against the greenback, from an early high of 163.36 and a 2-day high of 0.8730, respectively. The franc may face support around 144.00 against the yen and 0.90 against the greenback.

Looking ahead, U.S. and Canadian jobs data and Canada Ivey PMI for July are set for release in the New York session.

Tags: GBPCHF USDCHF EURCHF CHFJPY

read more

Euro Weakens After German Composite PMI Falls

Euro Weakens After German Composite PMI Falls

The euro weakened against other major currencies in the European session on Thursday, following the release of Germany's composite output index for May.

RTTNews | 1h 5min ago

Euro Falls Against Majors

Euro Falls Against Majors

The euro weakened against other major currencies in the Asian session on Thursday.

RTTNews | 1h 55min ago

Antipodean Currencies Fall, Yen Gains Amid Risk-off Sentiment

Antipodean Currencies Fall, Yen Gains Amid Risk-off Sentiment

The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Thursday on increased risk-off sentiment, following the broadly negative cues from Wall Street overnight, amid rising treasury yields on concerns about the fiscal impact of a new U.S. tax bill on the country's deficit. The lack of clear progress on new trade deals is also weighing on the markets.

RTTNews | 7h 43min ago

Pound Advances After U.K. Inflation Data

Pound Advances After U.K. Inflation Data

The pound was higher against its major counterparts in the New York session on Wednesday, after data showing an acceleration in consumer price inflation in the month of April.

RTTNews | 18h 44min ago

U.S. Dollar Falls Amid Risk-on Mood, Fed Rate Cut Bet

U.S. Dollar Falls Amid Risk-on Mood, Fed Rate Cut Bet

The U.S. dollar weakened against other major currencies in the Asian session on Wednesday amid increased risk-on mood, as some traders are still looking to cash in on the strong upside in the markets seen over the past several weeks. Furthermore, growing market acceptance that the Federal Reserve (Fed) will lower interest rates further this year amid evidence of diminishing inflationary pressure and a dismal growth forecast, also pushed the USD lower.

RTTNews | 1 day ago

Swiss Franc Rises Against Majors

Swiss Franc Rises Against Majors

The Swiss franc strengthened against other major currencies in the Asian session on Wednesday.

RTTNews | 1 day ago

U.S. Dollar Falls Against Majors

U.S. Dollar Falls Against Majors

The U.S. dollar weakened against other major currencies in the Asian session on Wednesday.

RTTNews | 1 day ago

U.S. Dollar Slides Amid U.S. Tariff Uncertainty

U.S. Dollar Slides Amid U.S. Tariff Uncertainty

The U.S. dollar weakened against other major currencies in the European session on Tuesday, due to fiscal and economic concerns amid uncertainties about U.S. tariffs.

RTTNews | 2 days ago

Noteikumi | Privātums | Lapas karte | Site Map Calendar

© 2025 Myfxbook Ltd. All Rights Reserved.

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.