The Swiss Franc was a notable underperformer within the complex of perceived safe-havens during the final session of the week while the recently troubled Japanese Yen was the outperformer even as U.S. government bond yields lifted the Dollar against most other major currencies.

April 27,2022

Swiss franc and gold

"The Swiss trade balance has remained in surplus territory: in essence, Swiss trade resilience to the global terms of trade shock has been another reason why CHF has been more durable in the current environment" - Bank of America.

April 21,2022

The Swiss Franc came under pressure from the Dollar, Euro and others in the mid-week session but would potentially be left at growing risk of further declines over subsequent weeks if the European Central Bank (ECB) continues on Thursday with its pivot toward a normalised monetary policy.

April 13,2022

Switzerland’s Franc has risen against the Euro and many other European counterparts thus far in 2022 but with the tectonic plates of the global interest rate landscape shifting steadily, it may find itself at growing risk of a depreciation against a range of currencies as the year goes on.

April 7,2022

Francs

The Swiss Franc’s probe above parity with the Euro has elicited comment from the Swiss National Bank (SNB) and prompted market speculation about a possible bid to prop up EUR/CHF, although it’s likely that any direct intervention would have the greatest impact on USD/CHF.

March 8,2022

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