Swiss franc news

USD/CHF: Long-term, the US dollar is bullish against the Swiss Franc, right now this is a potential “buy on the dips” market just waiting to happen

USD/CHF: Looking at a short-term drift lower, while a massive bottoming pattern forms, creating a potential buy-on-the-dip scenario

A major jump may be coming if it breaks above the 0.92 level significantly as this could lead to an 800-pip move

The EUR/USD exchange rate was unchanged on Monday morning ahead of a data-lite week and key macro events like Donald Trump swearing in and the World Economic Forum event in Davos, Switzerland. The pair was trading at 1.0270, a few pips above this month’s low of 1.0178.

The who's who of politics, business and civil society is descending on the Swiss Alpine town. There's a lot to discuss, from Ukraine and Gaza to climate change and AI, but it's Trump's comeback that's likely to dominate.

The USD/CHF is drifting a little bit lower but it’s probably worth noting that the market is in the midst of a major hammer from the previous session.

As I look at the British pound against the Swiss franc, the first thing I notice is that the 1.11 level continues to be a significant support level.

The US dollar plunged in the early hours on Wednesday against the Swiss franc to reach below the 0.91 level.