Will the yen remain strong and the franc remain weak?

Will the yen remain strong and the franc remain weak?

18.06.2021

Yesterday, while the Nasdaq rebounded in U.S. markets, the Dow Jones Industrial Average continued to decline, resulting in flat stock prices, lower commodity prices, and a stronger U.S. dollar.The fear index (VIX) remained stable at 17.5, while BTC/USD fell below $40,000 again and is currently trading in the $37,800 range. Additionally, the Nikkei 225, which had fallen below 29,000 yen, recovered to the 29,000 yen level and currently stands at 29,076 yen.

In the foreign exchange market, the Swiss franc plummeted starting during yesterday’s European trading session. The CHF/JPY pair fell by about 100 pips from 121.87 to 119.93, and as of now during Asian trading hours, it remains range-bound near its lows. Meanwhile, the USD/CHF pair rose from 0.900 to 0.918, reaching its highest level since late April of this year.

As for today’s economic indicators, aside from the UK retail sales and German producer price index scheduled for 3:00 PM, and Bank of Japan Governor Kuroda’s press conference at 3:30 PM, no major economic releases or key speeches are currently on the agenda. With no major events on the horizon, price movements are likely to be straightforward, so I plan to closely monitor currency strength and watch price trends closely.

Past Market Reports

1. 20.04.2026New

   With the euro-Australian dollar pair hitting new lows this month, attention is turning to how much further it might fall

2. 17.04.2026New

   Will the market wait and see how much further the U.S. dollar can rise against the yen?

3. 16.04.2026New

   Will the weakening Swiss franc recover? Attention is turning to price movements during European trading hours.

4. 15.04.2026New

   Market participants are likely keeping a close eye on the upside potential of the euro, which has risen against the U.S. dollar

5. 14.04.2026New

   Should we keep an eye on remarks by key figures in the U.S. and try to gauge the direction of currency strength?

6. 13.04.2026

   Market participants are likely watching for signs of a rebound in the Canadian dollar, which fell against the U.S. dollar following the release of employment figures

7. 10.04.2026

   Will the weakening Swiss franc continue to strengthen against the yen, or should we wait and see?

8. 09.04.2026

   Will the U.S. dollar, which has fallen against the yen, continue its downward slide, or should we wait and see how the market moves?

9. 08.04.2026

   Should we keep an eye on the upside for European currencies that have risen against the U.S. dollar?

10. 07.04.2026

    Market participants may be wary of further downside potential for the U.S. dollar, which has weakened amid concerns over the situation in Iran