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Both the Euro and Swiss Franc were net under performers this week the rising positive global risk sentiment and net weak economic updates from the Euro area.

The Euro

Overlay of EUR Pairs: 1-Hour Forex Chart
Overlay of EUR Pairs: 1-Hour Forex Chart

European Headlines and Economic data

Monday:

Tuesday:

Wednesday:

Thursday:

Friday:

The Swiss Franc

Overlay of CHF Pairs: 1-Hour Forex Chart
Overlay of CHF Pairs: 1-Hour Forex Chart

Switzerland Headlines and Economic data

Tuesday:

Wednesday:

  • Hong Kong tensions ease, China signals stimulus – the reduction of geopolitical and economic fears from Asia seems to have been the catalysts for a major turn in global risk sentiment, pushing traders out of safe havens like the Swiss franc

Thursday:

Friday: