5 Mar 2015
USD/CHF keeps rising, eyes 0.9700
FXStreet (Córdoba) - USD/CHF printed a fresh high since January 15, when the Swiss National Bank abandoned the franc cap against the euro, for the fourth day in a row. Price reached 0.9697 and currently trades at 0.9685, up 0.55% for the day.
The pair gained moment after rising above 0.9640 during the Asian session and rose further after breaking 0.9660. Momentum continues to favor the US dollar ahead of the European Central Bank decision.
USD/CHF testing 0.9700
The pair is rising for the sixth consecutive trading day as it continues to recover from the January decline. Earlier during the current week managed to break 0.9600 and now is testing 0.9700.
Greenback has been able to recover so far most of the losses the took place on January 15 as it stands above 0.9650; a level it traded during December 2014.
The pair gained moment after rising above 0.9640 during the Asian session and rose further after breaking 0.9660. Momentum continues to favor the US dollar ahead of the European Central Bank decision.
USD/CHF testing 0.9700
The pair is rising for the sixth consecutive trading day as it continues to recover from the January decline. Earlier during the current week managed to break 0.9600 and now is testing 0.9700.
Greenback has been able to recover so far most of the losses the took place on January 15 as it stands above 0.9650; a level it traded during December 2014.