The safe haven
On anxious days money often goes into the franc, and it strengthens with no news from Switzerland at all.
USD/CHF depends on demand for the franc as a safe currency, on the Swiss National Bank and on the Fed. What matters now and what is coming.
On anxious days money often goes into the franc, and it strengthens with no news from Switzerland at all.
The bank decides on its rate once a quarter and dislikes a franc that is too strong. What it says about the currency matters as much as the rate.
Swiss figures are few, so the American side moves the pair more often: Fed decisions, US inflation and jobs.
The pair moves in European and New York hours, and it often answers the same US figures as EUR/USD, the other way round.
The next high-impact releases over two weeks. What each means for the market is on its card.
The pair's page shows where the week points and today's backdrop. The calendar gives the scenario before a figure and the direction right after it. Entry, stop and target stay with your own system.
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