The safe-haven yen and Swiss franc climbed in volatile trading on Thursday, while the dollar slumped against most currencies, as jittery investors turned increasingly risk-averse amid an extended sell-off on Wall Street triggered by an escalating trade war initiated by the United States.

The USD/CHF has been extending its decline below 0.9000 since Monday and fell to a yearly low of 0.8824, shy of testing the 200-day Simple Moving Average (SMA) at 0.8818, which, if cleared, could’ve opened the way to testing 0.8800.

The Swiss franc briefly dipped after the latest interest rate cut to 1. 0%, but quickly regained ground. The Pound to Swiss... According to foreign exchange strategists at HSBC, an earlier-than ...

Analysts at Rabobank predict the Euro to Swiss franc exchange rate (EUR/CHF) will face downward pressure in the coming months. According to analysts at CIBC Capital Markets, following the ...

The head of the Central Bank of Switzerland is reportedly skeptical about holding Bitcoin (BTC) as a reserve asset.

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

The safe-haven yen and Swiss franc advanced in choppy trading on Thursday, while the U.S. dollar slumped, as jittery investors turned increasingly risk-averse amid a continued selloff on Wall Street that has been hammered by an escalating trade war initiated by the United States.