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EUR/CHF hits ten-week highs above 0.9550 as Franc continues to soften

February 26, 2024

EUR/CHF up over 3% from December’s lows.
ECB President Lagarde looks ahead to growth rebound.
Swiss Franc is broadly weaker across the majors market.
EUR/CHF knocked into fresh multi-month highs on Monday as the pair steps into a ten-week peak above 0.9550. The Swiss Franc (CHF) has depreciated notably against the majority of its major currency peers in 2024, and is down 2.88% YTD against the Euro (EUR).
European Central Bank (ECB) President Christine Lagarde hit the newswires on Monday while speaking about the ECB’s latest Annual Report in Strasbourg. The ECB head noted that the ECB expects inflation to continue slowing as the upward momentum from past shocks fade. It has been almost three straight years since the start of inflation the ECB initially called

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USD/CHF heading for 0.8500 as Swiss Franc climbs into four-month high against Greenback

December 21, 2023

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The Swiss Franc is testing further high ground against the US Dollar on Thursday.
Risk appetite is cranking up after US inflation data tips lower.
US Dollar declines across the board ahead of the holiday market wrap.
The USD/CHF slipped through the 0.8600 handle on Thursday as broader markets push over the US Dollar (USD), bolstering all other major currencies across the board and lifting the Swiss Franc into a new twenty-week high against the Greenback.

US inflation figures missed expectations on Thursday, coming on below forecasts and sparking a risk appetite rally as price growth deceleration takes hold in the US faster than most market

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