The Dollar lost most of the gains against the Swiss Franc during the American session. USD/CHF peaked at 1.0195 and failed to break above 1.0200. From there the pair pulled down to 1.0125. Currently trades at 1.0128/31, 0.31% above today’s opening price. Despite rising after falling in the last two days, Greenback trades closer to the lows of the day and far from the highs.
The Swiss Franc also recovered against the Euro. EUR/CHF jumped to 1.5145, reaching the highest price in two week but then pulled back to 1.5110, which is located a few pips above the opening price.
Thursday, November 19, 2009
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