The Swiss franc recouped its Asian session's loss against other major currencies during the European session on Wednesday. The franc thus recovered from a 2-day low against the pound and a 5-day low against the euro. Meanwhile, the dollar jumped to a 5-day high against the dollar.
The Swiss franc, which touched a low of 85.50 against the yen at 3:40 am ET, rose to 86.06 at 5:10 am ET. Currently, the franc-yen pair is trading at 86.04, compared to yesterday's New York session close of 85.72.
Moving up from a 2-day low of of 1.6936 hit at 2:00 am ET against the pound, the franc rose to 1.6823 at 5:30 am ET. The pound-franc pair closed yesterday's deals at 1.6859.
Against the U.S. currency, the Swiss franc jumped to a 5-day high of 1.050 at 4:25 am ET. Presently, the greenback-franc pair is worth 1.0512, compared to previous day's New York session close of 1.0551.
The Swiss franc is now trading at 1.4730 against the euro, compared to a 5-day low of 1.4757 hit at 1:00 am ET.
Across the Atlantic, the U.S. ADP employment data and the ISM non-manufacturing composite index- both for January are likely to influence trading in the New York session.
For comments and feedback contact: editorial@rttnews.com
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.