0.809
Today
+0.58%
5 Days
+1.12%
1 Month
-1.18%
6 Months
+5.22%
Year to Date
+2.07%
1 Year
+0.85%
Opening Price
0.804Previous Closing Price
0.804• Hawkish Federal Reserve expectations and rising Treasury yields drove USDCHF upward. • Accommodative Swiss monetary policy and yield spreads pressured the Swiss franc. • Stable risk sentiment and technical buying supported the currency pair's advance.
The Swiss Franc (CHF) trades marginally lower against a somewhat firmer US Dollar (USD) on Friday, with market volatility subdued as investors await the speech of the Federal Reserve (Fed) Chairman, Kevin Warsh, at the Jackson Hole Symposium, due later on the day.
The Swiss Franc (CHF) has failed to find support on the upbeat Swiss employment figures released on Thursday and keeps drifting lower against the US Dollar (USD) on Thursday.
USD/CHF remains steady after registering 0.5% gains in the previous day, trading around 0.8050 during the Asian hours on Thursday. The currency pair remains bound to a tight range as a resilient US Dollar (USD) holds its ground, bolstered by robust economic data.
The Swiss Franc (CHF) weakens against the US Dollar (USD) on Wednesday as the Greenback attracts buyers following the release of the latest United States (US) inflation data. Traders also remain attentive to developments in the Middle East.
• USDCHF appreciation was driven by firming US dollar demand and interest-rate differentials. • The Swiss franc faced downward pressure from the SNB's accommodative monetary policy. • Technical indicators show a MACD sell signal and neutral RSI and Williams %R.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

The upside prevails as long as 0.8052 is support, with 0.8110 and 0.8123 as targets
below 0.8052, expect 0.8030 and 0.8017.
The upside prevails as long as 0.8052 is support, with 0.8110 and 0.8123 as targets
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