Partner Center Find a Broker

The Coronavirus pandemic pushes the world to take on extreme measures to stop the spread, but likely damaging the global economy in the process and sending traders into extreme fear mode. The euro and Swiss franc came out mixed this week as the usual risk sentiment behavior played its role (tending to strengthen in negative environments), falling only to the Greenback and yen this week.

The Euro

Overlay of EUR Pairs: 1-Hour Forex Chart
Overlay of EUR Pairs: 1-Hour Forex Chart
EUR Weekly Performance from MarketMilk
EUR Weekly Performance from MarketMilk

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
CHF Weekly Performance from MarketMilk
CHF Weekly Performance from MarketMilk

Swiss Headlines and Economic data

Monday:

Tuesday:

  • The franc stabilizes after early week strength as news of stimulus actions from around the globe (including a potential $1 trillion package from the U.S.) starts to calm traders down from expectations of an economic meltdown.

Wednesday:

Thursday:

Friday: