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22 Sep 2014
USD/CHF rises to 0.9420
FXStreet (Córdoba) - Greenback was trading flat against the Swiss franc on Monday during the American session. USD/CHF bottomed on Asian hours at 0.9378, but then bounced to the upside.
After Wall Street opening bell the pair climbed to 0.9420 and printed a fresh daily high. Then pulled back slightly and it was trading around 0.9404/07, around the same price it closed on Friday.
The pair continues to move with a bullish bias in the medium to long term. On Friday, posted the fifth weekly gain in a row and continues to trade near 1-year highs.
After Wall Street opening bell the pair climbed to 0.9420 and printed a fresh daily high. Then pulled back slightly and it was trading around 0.9404/07, around the same price it closed on Friday.
The pair continues to move with a bullish bias in the medium to long term. On Friday, posted the fifth weekly gain in a row and continues to trade near 1-year highs.