News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
Wall Street
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
Real Time News
  • Greed is a natural human emotion that affects individuals to varying degrees. Unfortunately, when viewed in the context of trading, greed has proven to be a hindrance more often than it has assisted traders. Learn how to control greed in trading here:
  • The Federal Reserve rate decision is likely to sway the near-term outlook for the price of gold as the central bank appears to be on track to scale back monetary support. Get your weekly gold forecast from @DavidJSong here:
  • Forex liquidity makes it easy for traders to sell and buy currencies without delay, and also creates tight spreads for favorable quotes. Low costs and large scope to various markets make it the most frequently traded market in the world. Learn more here:
  • Forex quotes reflect the price of different currencies at any point in time. Since a trader’s profit or loss is determined by movements in price, it is essential to develop a sound understanding of how to read currency pairs. Learn how to read quotes here:
  • A currency carry trade involves borrowing a low-yielding currency in order to buy a higher yielding currency in an attempt to profit from the interest rate differential. Find out if the carry trade suits your trading style here:
  • Get your snapshot update of the of top level exchanges and key index performance from around the globe here:
  • RT @FxWestwater: Japanese Yen Forecast: JPY Crosses Eye BoJ, CPI as Haven Flows Bolster Yen Strength Link: https:/…
  • Traders utilize varying time frames to speculate in the forex market. The two most common are long- and short-term-time frames which transmits through to trend and trigger charts. Learn more about time-frame analysis here:
  • Stocks appear to be in a corrective phase but could get put to the test; levels and lines to watch in the days ahead. Get your weekly equities forecast from @PaulRobinsonFX here:
  • Currency exchange rates are impacted by several factors. Are different world leaders a contributing factor? Find out here:
USDCHF Heads Lower on US Trade War Escalation

USDCHF Heads Lower on US Trade War Escalation

Nick Cawley, Strategist

USDCHF Talking Points

- US Trade sanctions on Chinese imports will bring retaliatory measures.

- New US National Security advisor John Bolton will likely harden foreign policy.

The Traits of Successful Traders and how to find the Number One Mistake Traders Make are just two of the most widely read reports in ourFree Trading Guides.

USDCHF Boosted by Trade War Fears

Financial markets on Friday went into full-on risk adverse mode after the imposition of US trade tariffs on China and the promotion of foreign policy hawk John Bolton to the US National Security adviser. US president Trump announced plans to introduce a 25% tariff on USD60 billion of Chinese imports, a move that will bring a sharp reaction from Beijing over the coming days. These tariffs will add to fears that any further escalation of trade restrictions could weigh on global growth.

US President Trump also replaced his National Security advisor HR McMaster with known foreign policy hawk John Bolton, a move that will add to fears that the US will look to take a harder line with North Korea and Iran.

With markets de-risking, traditional safe-haven markets, gold, Japanese Yen and the Swiss Franc all saw sharp gains overnight. USDCHF currently trades below its 200-day ma, a negative set-up, indicating further losses may lie ahead. Support lies around the current 50-day ma and a cluster of minor highs and lows around 0.9400 before the near three-year low of 0.9185 comes into play. The stochastic indicator is signalling that the market is in extreme oversold territory, so the next move lower may be delayed for now.

USDCHF Price Chart Daily Time Frame (October 5, 2017 – March 23, 2018)

USDCHF Heads Lower on US Trade War Escalation

Chart by IG

Are you new to FX trading or are you looking to improve your trading skill sets? We can help you along your journey with a comprehensive range of constantly updated guides and trading tools – they are all Free to Download Here.

What’s your opinion on USDCHF?Share your thoughts with us using the comments section at the end of the article or you can contact the author via email at or via Twitter @nickcawley1.

--- Written by Nick Cawley, Analyst

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.