Home Science Devices: Little Changed, the Swiss Franc Sought

Devices: Little Changed, the Swiss Franc Sought

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Real-time estimate at TTMZero
09:01:20 14/04/2026

  • Variation over 5 days
  • Variation since January 1st

Last: 1.1780 USD

Variation: +0.11%

Devices: Little Changed, the Swiss Franc Sought

+0.70%

+0.20%

No diplomatic solution to the Gulf crisis this weekend – few investors expected success – unfortunately, the sentiment is that the Trump administration wants to use all strategies to bend Iranian authorities, rather than de-escalate the situation.

Currencies: $ little changed, Swiss Franc sought

The Swiss Franc regains some of its safe-haven status, with a 0.5% increase against the Dollar and a 0.35% increase against the Euro (which falls to around 0.9215).

The Dollar ends little changed, as evidenced by the symbolic 0.1% decline of the “$-Index” to 98.55 (its 6th consecutive day of decline, a slide initiated with the announcement of a ceasefire that is currently being respected, hoping that no one will add fuel to the fire).

The greenback weakens by 0.1% against the yen, by -0.2% against the pound… and gains 0.05% against the Yuan (Beijing announces that Chinese-flagged tankers passed through the strait this weekend, a strait open to it by Iran and should not be blocked by the Navy).

Operators note that the closure of the Strait of Hormuz, which reduces the global oil supply by 15 million barrels per day, pushes oil prices above $100 per barrel, and even $103 for WTI, exacerbating fears of sustained inflation as the talks in Islamabad this weekend were supposed to lead to a resumption of maritime traffic in the strait.

Inflation in the U.S. saw its biggest increase in 4 years in March, and a 7th week of Gulf export freezes will begin causing shortages and rationing throughout Asia, amid rising inflation concerns.

It will eventually impact products imported by the West.

In Europe, Germany decides, after Spain and Italy, to reduce fuel taxes (by about 17 cents per liter) in order to relieve both consumers and professionals… and ease price index.