XE CURRENCY CONVERTER
| 59.00 CHF | = | 61.3736 USD |
| Swiss Franc | ↔ | US Dollar |
| 1 CHF = 1.04023 USD | 1 USD = 0.961325 CHF |
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Mid-market rates: 2013-05-25 17:26 UTC
USD/CHF2013-05-24 21:13 UTC
The CHF hit session highs against the EUR at 1.2430 and was supported close to 0.9610 against the USD as reports emerged on Sky News related to a plane incident over British airspace. The incident is not thought to be related to terrorism, according to U.K. security sources and should see the CHF back away from highs. However, apart from position squaring there is unlikely to be much more interest today after the heavy volumes that went ... Read More ►
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XE Market Analysis
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North American Edition2013-05-24 10:56 UTC
Sentiment in Europe was more stable today after the Nikkei posted a late rebound on talk of price smoothing operations, though it experienced another very choppy session. Overall, markets remained nervous and the tone turned defensive into the N.Y. open, which fueled a stop hunt on the USD-CHF downside through 0.9600 and EUR-CHF tumbled from 1.2550 back to 1.2465. EUR-USD held steady ahead of 1.2950 throughout the European morning, aided by better ... Read More ►
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European Edition2013-05-24 07:29 UTC
Japanese market volatility dampened early interest in Europe. The Nikkei had an extremely whippy session, but ended in positive territory. It was up 3.5% early on and then plunged to sit 3% lower, but rumours of official buying lifted it higher very late on in the session. USD-JPY regained its poise after 101.00 held, but it is looking limited on the topside. EUR, GBP and CHF are relatively stable against the USD with the focus on movement elsewhere. ... Read More ►
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Asian Edition2013-05-24 21:13 UTC
Sentiment in the U.S. was more stable today after the Nikkei posted a late rebound on talk of price smoothing operations, and as the dollar picked up some ground in London on better EU data. Overall, markets remained nervous and the tone turned defensive into the N.Y. open, and ahead the long U.S. holiday weekend. U.S. durables were strong, and helped the dollar and stocks slightly, though Wall Street stayed close to flat though the session. EUR-USD ... Read More ►
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