USD/CHF | US Dollar to Swiss Franc Trading Analysis

USD/CHF | US Dollar to Swiss Franc Trading Analysis

Written by: PaxForex analytics dept - Thursday, 16 April 2020 0 comments

Measures to counter the spread of coronavirus (general quarantine and closure of "systemically unimportant" enterprises and facilities) put many companies, especially from small and medium-sized businesses (and these are the majority of companies in the country) in a difficult position. In order to avoid massive layoffs in this situation, a tool that has already proven itself in times of crisis is being widely used in Switzerland: the shortened working hours. 

USD/CHF, 30 min

Pivot: 0.9670