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0.13%UYG 3.46 7.49%
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Forex Search
| Global Interest Rates | |||
 Australia |
5.25% | ||
 Canada |
2.25% | ||
 EMU |
3.25% | ||
 Japan |
0.3% | ||
 Swiss |
1% | ||
 England |
3% | ||
 US |
1% | ||
Data by fxstreet.com
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Fundamentals
CHF/USD Fundamental Outlook at 1500 GMT (EST + 0500)
CHF/USD Fundamental Outlook at 1500 GMT (EST + 0500)
28 Aug, 2008 @ 04:26 pm EST
GCI Financial Ltd.
The Swiss franc depreciated vis--vis the U.S. dollar today as the greenback tested offers around the CHF 1.1010 level and was supported around the CHF 1.0885 level. Swiss National Bank Vice Chairman Hildebrand reported Swiss banks need to improve their capital and liquidity to contend with future crises. Data released in Switzerland today saw Q2 non-farm payrolls up 2.4% y/y. U.S. dollar offers are cited around the CHF 1.1135 level. The euro and British pound came off vis--vis the Swiss franc as the crosses tested bids around the CHF 1.6105 and CHF 1.9990 levels, respectively.
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