26 Jan 2015
USD/CHF his fresh highs above 0.9000
FXStreet (Córdoba) - USD/CHF continued to rise during the American session and printed a fresh 1-week high at 0.9009, reaching the strongest level since the Swiss National Bank boosted the CHF abandoning the EUR/CHF cap.
From the highs the pair pulled back modestly and it was trading at 0.8995, almost 200 pips above Friday’s closing price. In the first attempt above 0.9000 it was rejected by still holds a bullish tone.
The Swiss Franc is the worst performer in the currency market on Monday, falling particularly against its European counterparts. Greek elections results and speculations about a possible intervention by the SNB weakened the CHF on Monday.
From the highs the pair pulled back modestly and it was trading at 0.8995, almost 200 pips above Friday’s closing price. In the first attempt above 0.9000 it was rejected by still holds a bullish tone.
The Swiss Franc is the worst performer in the currency market on Monday, falling particularly against its European counterparts. Greek elections results and speculations about a possible intervention by the SNB weakened the CHF on Monday.