Watch for the Swiss franc’s upside potential after rebounding against the yen

Watch for the Swiss franc’s upside potential after rebounding against the yen

27.11.2025

In yesterday’s U.S. currency trading, the U.S. dollar rebounded against the yen after the number of new U.S. unemployment insurance claims, released yesterday, came in at 1.96 million—down from the previous reading of 1.974 million and below market expectations. The USD/JPY pair rose from 155.645 to 156.727, recovering from the 200-period simple moving average (SMA) on the hourly chart, which it had been trading below.On the 4-hour chart, the 75-period moving average (MA) is functioning as a support level, and on the daily chart, a rebound from the 10-period MA has occurred.

Among European currencies, the Swiss franc rose against the yen. The CHF/JPY pair climbed from 193.058 to 194.585. The candlestick has recovered to just below the 200-period SMA on the hourly chart.On the 4-hour chart, the price has moved from the -2σ to the +2σ Bollinger Bands, and on the daily chart, the 20-day moving average is acting as a support level, with the price rebounding from it. Meanwhile, on the weekly chart, the pair is holding steady near its year-to-date highs.

Today’s economic indicators include New Zealand’s Q3 retail sales at 6:45, the ANZ Business Confidence Survey at 9:00, Australia’s Q3 private sector capital expenditure at 9:30, remarks by Bank of Japan Board Member Noguchi at 10:30, and at 16:00, Germany’sGFK Consumer Confidence Survey at 4:00 PM, the release of the ECB Meeting Minutes at 9:30 PM, Canada’s Q3 Current Account at 10:30 PM, remarks by MPC member Green at 1:00 AM, and New Zealand’s ANZ Consumer Confidence Index at 6:00 AM the following day. Please note that U.S. markets are closed today for a holiday. Keep an eye on the upside potential of the Swiss franc, which has rebounded against the yen.

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