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

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

16.04.2026 New

In the U.S. currency market yesterday, the U.S. dollar rose against the yen following the release of the U.S. March import and export price indices, which showed year-over-year and month-over-month increases for both exports and imports.The USD/JPY pair rose from 158.651 to 159.156, moving above the 20-period moving average (MA) on the hourly chart. On the 4-hour chart, the pair rose with support from the 200-period simple moving average (SMA). On the daily chart, the candlesticks have recovered from just below the 20-period MA to the level immediately below it. However, downward pressure is evident during today’s Asian trading session.

Among European currencies, the Swiss franc was the weakest alongside the Japanese yen during U.S. trading hours. The USD/CHF pair traded between 0.7798 and 0.7831, remaining within the range of the 20-period moving average on the hourly chart. On the 4-hour chart, the pair rebounded from the -2σ line of the Bollinger Bands, and the daily chart showed a similar price movement, with the RSI rebounding slightly from 37 to 41.

Today’s economic indicators include Japan’s Foreign and Domestic Securities Investment at 8:50, Australia’s Employment Report at 10:30, the UK’s Industrial Production, Monthly GDP, Manufacturing Output, and Trade Balance at 15:00, the Eurozone’s Consumer Price Index (revised) at 18:00,at 9:30 PM: U.S. Initial Jobless Claims and the U.S. Philadelphia Fed Business Outlook Index; at 9:35 PM: Remarks by U.S. Federal Reserve Bank of New York President Williams; at 10:15 PM: U.S. Industrial Production; at 11:30 PM: U.S. Weekly Natural Gas Inventories; and at 11:35 PM: Remarks by U.S. Federal Reserve Board Member Mian.I’ll be watching price movements during European trading hours to see if the weak Swiss franc can recover.

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