Should we keep an eye on the trend of selling yen and buying Swiss francs?

Should we keep an eye on the trend of selling yen and buying Swiss francs?

14.10.2021

Yesterday, the three major U.S. stock indices showed mixed performance, resulting in a market environment characterized by flat stock prices, falling interest rates, and a weaker U.S. dollar. The U.S. Consumer Price Index released yesterday came in slightly above expectations, signaling that inflation may be here to stay. With a series of earnings reports from major U.S. companies scheduled for this week, some investors are adopting a wait-and-see approach, making it difficult to gauge the market’s direction.

As of yesterday, the Swiss franc had become the strongest currency in the foreign exchange market, and the CHF/JPY pair has continued to rise along the 20-period moving average on the hourly chart, currently trading around 122.97. During today’s Asian trading session, the pair has hit a new high for the year, and if the candlestick body on the weekly chart closes above the previous high, further gains could be expected.

Today’s schedule includes remarks by UK MPC member Tenreiro at 7:10 PM, U.S. initial jobless claims and Canadian manufacturing sales at 9:30 PM, the U.S. Producer Price Index at 9:30 PM, remarks by U.S. Federal Reserve Bank of St. Louis President Bullard at 9:35 PM, and remarks by U.S. Federal Reserve Bank of Atlanta President Bostic at 11:00 PM.Atlanta Fed President, at 11:30 PM: U.S. weekly natural gas inventories, at 11:40 PM: UK MPC member Mann’s remarks, at 12:00 AM: U.S. weekly crude oil inventories, and at 2:00 AM: U.S. Richmond Fed President Barkin’s remarks and U.S. San Francisco Fed President Daly’s remarks are scheduled.We will monitor price movements while paying close attention to remarks by key figures during U.S. trading hours.

Past Market Reports

1. 17.04.2026New

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

2. 16.04.2026New

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

3. 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

4. 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?

5. 13.04.2026New

   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

6. 10.04.2026

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

7. 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?

8. 08.04.2026

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

9. 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

10. 06.04.2026

    Investors should be wary of sudden spikes in volatility while major markets are closed