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14 May 2013
Forex: USD/CHF rises to 9-month high
FXstreet.com (Córdoba) - The dollar remains among the best performers in the FX market on Tuesday, building on last week's gains versus its main competitors.
Against this backdrop, USD/CHF broke above 0.9626 (high May 10) and climbed to its highest level since Aug 22 at 0.9655 before easing slightly. At time of writing, the pair is trading around 0.9645, printing a 0.8% daily gain.
The euro has benefited from the USD/CHF rally, and rose to a 4-month peak of 1.2488 against the Swissy. EUR/CHF is currently trading at the 1.2480 zone, up 0.5% on the day.
Against this backdrop, USD/CHF broke above 0.9626 (high May 10) and climbed to its highest level since Aug 22 at 0.9655 before easing slightly. At time of writing, the pair is trading around 0.9645, printing a 0.8% daily gain.
The euro has benefited from the USD/CHF rally, and rose to a 4-month peak of 1.2488 against the Swissy. EUR/CHF is currently trading at the 1.2480 zone, up 0.5% on the day.