Business · Markets · 8 hrs ago
Swiss franc weakens against the dollar and euro
The Swiss franc weakened against the dollar and euro on Friday evening.
One dollar traded at 0.8252 francs, up from 0.8218 in the morning, while one euro cost 0.9237 francs, up from 0.9211.
The euro also slipped against the dollar, trading at 1.1193 dollars, below the 1.12 mark.
The currency moves came as investors focused on business surveys from the eurozone and its two largest member countries.
In France, manufacturing and services readings fell below 50, a level that signals shrinking activity, and the drop was unexpected.
The data added to concerns about France and eurozone growth, though French survey readings can fluctuate and may not reliably predict short-term growth.
No next step was specified.
The Swiss franc weakened against both the US dollar and the euro on Friday evening.
The dollar rose to 0.8252 francs from 0.8218 in the morning.
The euro rose to 0.9237 francs from 0.9211 in the morning.
Eurozone business surveys drew attention, with France’s industry and services indicators unexpectedly falling below 50 points.
Claus Vistesen of Pantheon Macroeconomics said the data could deepen concerns about economic activity in France and the eurozone.
- Who
- The Swiss franc weakened against the US dollar and the euro.
- What
- The franc lost ground against both currencies.
- When
- Friday evening, 23 October 2026.
- Where
- Not stated.
- Why
- Not stated.
This story does not have two clearly opposing sides.
The dollar traded at 0.8218 francs and the euro at 0.9211 francs.
France’s industry and services sub-indicators unexpectedly fell below the 50-point expansion threshold.
The dollar traded at 0.8252 francs and the euro at 0.9237 francs.
- Dollar rate
- 0.8252 francs on Friday evening, up from 0.8218 in the morning
- Euro rate
- 0.9237 francs on Friday evening, up from 0.9211 in the morning
- Euro-dollar rate
- 1.1193 on Friday evening, down from 1.1209 in the morning
- France PMI indicators
- Industry and services readings fell below 50 points for the current month
What people are saying
These sentiment data will reinforce fears that political uncertainty and volatility in the bond market are slowing the economy in France - and across the eurozone - by weighing on confidence and tightening financial conditions.