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27 Feb 2015
USD/CHF climbs back above 0.9500
FXStreet (Córdoba) - USD/CHF rebounded and erased daily losses quickly during the American session. The pair fell earlier to test yesterday’s lows at 0.9450, but then bounced to the upside, rising back above 0.9500.
Recently printed a fresh session high at 0.9527 and remains around 0.9520/25, at the same level it had at the beginning of the day.
USD/CHF up for the week
The US dollar is about to post the third weekly gain in a row as it continues to recover after the dramatic decline back in January. The USD/CHF rose more than 100 pips during the last five days and yesterday reach the strongest since January 15.
Recently printed a fresh session high at 0.9527 and remains around 0.9520/25, at the same level it had at the beginning of the day.
USD/CHF up for the week
The US dollar is about to post the third weekly gain in a row as it continues to recover after the dramatic decline back in January. The USD/CHF rose more than 100 pips during the last five days and yesterday reach the strongest since January 15.