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27 Mar 2015
USD/CHF consolidating weekly losses
FXStreet (Córdoba) - USD/CHF failed to hold to gains on Friday and turned to the downside. Price bottomed at 0.9556. Currently is hovering around 0.9600, down 0.30% for the day so far.
The Swiss franc is the best performer among European currencies after making a run across the board after Wall Street opening bell. Earlier the pair reached 0.9693, but as it happened on Tuesday, lost strength around 0.9700 and reversed.
USD/CHF second weekly loss in a row
The US dollar is about to post the second weekly decline in a row, something that doesn’t happen since October 2014. Last week the pair lost more than 300 pisp and during the last five days dropped 160; bottomed yesterday at 0.9460 but then rebounded, trimming losses.
The Swiss franc is the best performer among European currencies after making a run across the board after Wall Street opening bell. Earlier the pair reached 0.9693, but as it happened on Tuesday, lost strength around 0.9700 and reversed.
USD/CHF second weekly loss in a row
The US dollar is about to post the second weekly decline in a row, something that doesn’t happen since October 2014. Last week the pair lost more than 300 pisp and during the last five days dropped 160; bottomed yesterday at 0.9460 but then rebounded, trimming losses.