10 Oct 2014
USD/CHF climbs above 0.9560
FXStreet (Córdoba) - Greenback gained momentum across the board and pushed USD/CHF to the upside, back to the levels it had before FOMC minutes. The pair rose above 0.9550 and printed a fresh daily high at 0.9579.
Afterwards pulled back and it was trading at 0.9567, up 0.25% for the day so far as stocks fall around the world, with Dow Jones futures down 2%.
USD/USD still down for the week
From Thursday's lows the pair has risen more than a hundred pips, but despite the recovery it still trading below the level it had a week ago. On Monday reached a fresh 1-year high at 0.9685 but then moved with a downside bias and bottomed on Thursday at 0.9468, the lowest since September 26.
Afterwards pulled back and it was trading at 0.9567, up 0.25% for the day so far as stocks fall around the world, with Dow Jones futures down 2%.
USD/USD still down for the week
From Thursday's lows the pair has risen more than a hundred pips, but despite the recovery it still trading below the level it had a week ago. On Monday reached a fresh 1-year high at 0.9685 but then moved with a downside bias and bottomed on Thursday at 0.9468, the lowest since September 26.