Swiss franc news

The British pound fell during the early hours on Wednesday as we continue to see a lot of volatility in the GBP/CHF pair.

The US dollar initially rallied against the Swiss franc during the trading session on Tuesday but has since given back some of the strength.

The British Pound has bounced significantly from the 50 day EMA against the Swiss Franc in early trading on Monday as we continue to see the markets come in and try to pick up the momentum.

The Swiss franc has rallied against the Japanese yen again on Monday, as it looks like the Japanese yen is losing strength across the board.

The Japanese Yen is now being sold despite its firm rise last week after two cases of suspected Bank of Japan intervention.

The US Federal Reserve maintained unchanged interest rates at its policy meeting, assuring there would be no rate hike and committing to rate cuts as soon as inflation allows, indicating a dovish tilt.

Get the weekly Forex forecast for major currency pairs for the week of May 06-11, 2024 here.

The British pound has fallen rather significantly during the course of the trading session against the Swiss franc on Thursday, as we continue to see the 1.15 level offer a massive resistance barrier.