11 Aug 2015
USD/CHF rises to 0.9900
FXStreet (Córdoba) - USD/CHF hit a 4-month high again, like it did last week and yesterday. Today it reached 0.9902, the strongest level since March 19.
So far the pair was unable to break and rally above 0.9900 but continues to trade near the highs, as it did not pull back yet, like it did yesterday back toward 0.9830, from where is rising today.
While greenback is among the best performer, the Swiss franc is the worst European performer, weakened by the agreement between Greek official and its creditors and also some analysts speculate that the Swiss National Bank could be behind the decline of the Swissy.
USD/CHF near parity
The pair continues to move with an upside bias and getting closer to the parity level. The last time it traded above 1.000 was in April, before falling to 0.9067 (May 7 low).
So far the pair was unable to break and rally above 0.9900 but continues to trade near the highs, as it did not pull back yet, like it did yesterday back toward 0.9830, from where is rising today.
While greenback is among the best performer, the Swiss franc is the worst European performer, weakened by the agreement between Greek official and its creditors and also some analysts speculate that the Swiss National Bank could be behind the decline of the Swissy.
USD/CHF near parity
The pair continues to move with an upside bias and getting closer to the parity level. The last time it traded above 1.000 was in April, before falling to 0.9067 (May 7 low).