The Swiss franc advanced against the euro and the U.S. dollar on Wednesday as a report showed that Switzerland's economic confidence increased notably in September to the highest level in five months.
The ZEW-CS Indicator of economic expectations advanced to 16.3 in September from 7.2 in August.
The franc hit 2-day highs of 1.2352 against the euro and 0.9247 against the greenback, compared to yesterday's closing quotes of 1.2366 and 0.9256, respectively. The franc may face resistance around 1.23 against the euro and 0.915 against the greenback.
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Forex News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.