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[la forge] 29/3/2022 12:18

1 EUR = 1.0336 CHF


The Euro to Swiss Franc exchange rate (EUR CHF) as of 29 Mar 2022 at 12:17 PM.

[waldron] 29/3/2022 07:47

1 EUR = 1.0263 CHF


The Euro to Swiss Franc exchange rate (EUR CHF) as of 29 Mar 2022 at 7:46 AM.

[waldron] 28/3/2022 14:24

1 EUR = 1.0245 CHF


The Euro to Swiss Franc exchange rate (EUR CHF) as of 28 Mar 2022 at 2:24 PM.

[sarkasm] 28/3/2022 09:11

1 EUR = 1.0243 CHF



The Euro to Swiss Franc exchange rate (EUR CHF) as of 28 Mar 2022 at 9:09 AM.

[waldron] 28/3/2022 07:09

1 EUR = 1.0231 CHF


The Euro to Swiss Franc exchange rate (EUR CHF) as of 28 Mar 2022 at 7:09 AM.

[the grumpy old men] 27/3/2022 18:23

1 EUR = 1.0208 CHF


The Euro to Swiss Franc exchange rate (EUR CHF) as of 27 Mar 2022 at 6:22 PM.

[adrian j boris] 27/3/2022 08:50

1 EUR = 1.0207 CHF



The Euro to Swiss Franc exchange rate (EUR CHF) as of 27 Mar 2022 at 8:48 AM.

[waldron] 26/3/2022 15:12

1 EUR = 1.0208 CHF



The Euro to Swiss Franc exchange rate (EUR CHF) as of 26 Mar 2022 at 3:11 PM.

[waldron] 26/3/2022 15:11

Swiss franc steady after SNB meeting


March 24, 2022

In this topsy-turvy new world of ours, it’s reassuring to know that some things stay the same. For example, the Swiss National Bank, which maintained its expansionary monetary policy at today’s policy meeting.

With the Swiss franc always in demand, the SNB can afford to treat its customers with deposit rates of -0.75%, by far the lowest rate of any major central bank.

SNB says willing to intervene with exchange rate

The war in Ukraine has bolstered the Swiss franc’s status as one of the leading safe-haven currencies.

The crisis has resulted in capital inflows that have put upward pressure on the Swiss franc.

This poses a problem for the SNB, which does not like to see the currency in disorder.

The Bank’s Monetary Policy Assessment (MPA) noted that the central bank remained “willing to intervene in the foreign exchange market as necessary, in order to counter upward pressure on the Swiss franc.”


The fact that the SNB took pains to state this in the MPA sends a stern message to speculators that the Bank will intervene in order to keep the Swiss franc from rising in value, which would damage the economy by making Swiss exports more expensive.

Switzerland has not been immune from rising inflation, but CPI has been climbing more slowly than in the eurozone.


The headline rate broke above the 2% level in February, for the first time since October 2008.

Growth was anemic in Q4, at just 0.3% QoQ, compared to 1.9% in the third quarter.

The Swiss economy was hampered by the Covid wave and the ensuing health restrictions.

.

USD/CHF Technical

There is resistance at 0.9396, which has held since April. Above, there is resistance at 0.9482

There is support at 0.9167 and 0.9024

This article is for general information purposes only.

It is not investment advice or a solution to buy or sell securities.

Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors.

Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.


Kenny Fisher
Market Analyst at OANDA

[waldron] 24/3/2022 15:42

1 EUR = 1.024 CHF


The Euro to Swiss Franc exchange rate (EUR CHF) as of 24 Mar 2022 at 3:41 PM.
below.

[waldron] 24/3/2022 15:33

OctaFx Analyst Team

EUR/CHF retreats after the dovish SNB interest decision

ANALYSIS | 3/24/2022 1:47:31 PM GMT


The price of crude oil held steady on Thursday as several of the most respected oil traders warned that the price could soar to $200 a barrel. In a statement to FT, Pierre Andurad, a well-known oil trader said that he expects prices to rise to as high as $250 this year.

Similarly, Doug King, the head of RCMA Merchant Commodity Fund warned that this trend is not transitory.

He expects that prices will keep rising this year.

Just last week, the head of Trafigura said that sanctions will lead to a loss of as much as 3 million barrels of oil per day.

Trafigura is one of the biggest oil trading companies globally.

The Swiss franc strengthened against the US dollar after the latest decision by the Swiss National Bank (SNB).

The bank decided to continue with its ultra-expensive monetary policy by leaving rates unchanged at -0.75%.

The bank also committed to conducting regular interventions in a bid to prevent the currency from strengthening.

In 2021, the bank spent over $21 billion in interventions, which involves selling the franc.

It also continued its view that the currency is still overvalued.

The UK and European economies are doing modestly well even as a war continues in Ukraine.

According to Markit, the European Union’s manufacturing and services PMI was at 57 and 54.8, respectively in March.

In the UK, the PMI declined from 58.0 to 55.5.

Other countries like Germany and France also had strong PMIs.

Manufacturers and service providers were generally optimistic about business prospects as the impact of the pandemic wanes.

However, there is a general dissatisfaction because of the rising cost of doing business.


EUR/CHF

The EURCHF pair retreated after the latest SNB decision.

It managed to move to a multi-week low of 1.0232.

As a result, the pair has moved below the important support 1.0268.

It is also slightly above the parity level of 1.00.

The pair has also dropped below the 25-day and 50-day moving averages while the Relative Strength Index (RSI) has been heading downwards.

Therefore, the pair will likely keep falling, with the next target being at parity.

fxsoriginal

[grupo guitarlumber] 24/3/2022 11:10

1 EUR = 1.0239 CHF


The Euro to Swiss Franc exchange rate (EUR CHF) as of 24 Mar 2022 at 11:09 AM.

[waldron] 24/3/2022 06:57

1 EUR = 1.0242 CHF


The Euro to Swiss Franc exchange rate (EUR CHF) as of 24 Mar 2022 at 6:56 AM.

[grupo guitarlumber] 23/3/2022 14:41

1 EUR = 1.0257 CHF



The Euro to Swiss Franc exchange rate (EUR CHF) as of 23 Mar 2022 at 2:41 PM.

[grupo] 23/3/2022 11:17

1 EUR = 1.0281 CHF


The Euro to Swiss Franc exchange rate (EUR CHF) as of 23 Mar 2022 at 11:16 AM.

[waldron] 23/3/2022 05:21

1 EUR = 1.0308 CHF


The Euro to Swiss Franc exchange rate (EUR CHF) as of 23 Mar 2022 at 5:20 AM.

[waldron] 22/3/2022 17:08

1 EUR = 1.028 CHF

The Euro to Swiss Franc exchange rate (EUR CHF) as of 22 Mar 2022 at 5:07 PM.

[florenceorbis] 22/3/2022 11:04

1 EUR = 1.0286 CHF


The Euro to Swiss Franc exchange rate (EUR CHF) as of 22 Mar 2022 at 11:04 AM.

[florenceorbis] 22/3/2022 11:04

Sterling may extend its gains versus the euro if Wednesday's U.K. inflation data exceed expectations, said Commerzbank.

If inflation continues to rise and the risk of a wage-price spiral increases, the Bank of England could raise interest rates more aggressively, Commerzbank said in a note.

"As a result, the inflation data due for publication tomorrow morning might well have the ability to move sterling considerably."

[waldron] 22/3/2022 09:33

1 EUR = 1.0288 CHF



The Euro to Swiss Franc exchange rate (EUR CHF) as of 22 Mar 2022 at 9:32 AM.

[ariane] 19/3/2022 15:44

1 EUR = 1.0314 CHF



The Euro to Swiss Franc exchange rate (EUR CHF) as of 19 Mar 2022 at 3:44 PM.

[waldron] 19/3/2022 07:25

1 EUR = 1.0311 CHF


The Euro to Swiss Franc exchange rate (EUR CHF) as of 19 Mar 2022 at 7:24 AM.