Skip to content
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
More View more
Swiss Franc Outlook Unclear on SNB

Swiss Franc Outlook Unclear on SNB

David Rodriguez, Head of Product
ssi_usd-chf_body_Picture_3.png, Swiss Franc Outlook Unclear on SNB

USDCHF – Our Speculative Sentiment Index shows that retail trading crowds have turned net-long the US Dollar (ticker: USDOLLAR) against the Swiss Franc once again. Yet the USDCHF remains stuck in a frustratingly narrow range, and only a break below SFr 0.9000 would signal that fresh lows are entirely likely.

As it stands most are watching for clues that the Swiss National Bank will intervene in the Euro/Swiss Franc, and the USDCHF is likely to respond in kind.

This is hardly fertile ground for speculators, and we’ll stick to the sidelines while Swiss Franc traders remain as skittish as ever.

How do we interpret the SSI? Watch an FXCM Expo Presentation that explains the SSI.

--- Written by David Rodriguez, Quantitative Strategist for

To receive the SSI via e-mail and other reports from author David Rodríguez, e-mail subject line “Distribution List” to; Contact David via Twitter at

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