The currency market has seen notable fluctuations recently, with the Swiss franc (CHF) emerging as the strongest currency against the US dollar (USD) with a 1.05% appreciation. Other currencies, including the Japanese yen (JPY) and euro (EUR), have also strengthened against the USD, with the JPY and EUR appreciating by 3% and 0.77%, respectively. Conversely, the Australian dollar (AUD) has depreciated the most against the USD, showing a decline of 1.54%. The latest currency strength charts indicate that the CHF, JPY, EUR, USD, Canadian dollar (CAD), British pound (GBP), New Zealand dollar (NZD), and Australian dollar (AUD) are among the strongest currencies, while the weakest currency remains unspecified. The US dollar has been mixed in performance, with some analysts suggesting that it may be overvalued in the short term, particularly against the CHF, which is at its lowest level since October.
$USD has been mixed since 5AM this morning. $AUD has depreciated the most vs. USD at -1.54%, while the $EUR has strengthed the most with a 0.77% return. #Forex https://t.co/QWQa1yFfOS
$USDCHF lowest since Oct & testing Sept POC. US Dollar getting overdone in the short term? #USdollar #SwissFranc https://t.co/NPqf5UFcE5
Safe-haven currencies last 5 days vs USD WSJ (Tullett Prebon) (snapshot, changing quickly): Swissie +3% JPY +3% Euro +2% CAD +1% MXF +1/2% Gold +1/2%