EUR/CHF rises back above 1.0700 amid expectations of an agreement

FXStreet (Córdoba) - EUR/CHF is testing American session highs located slightly below 1.0750. The pair has been able to climbed almost a hundred pips after falling sharply a from 1-month high at 1.0810 to 1.0665, the lowest price since Wednesday.

The Swiss franc is among the best performer on Friday but trimmed gains versus the euro during the last hours as specialized media reported that Greek and Eurogroup have reached an agreement and are working on the text of the document.

Despite the recovery EUR/CHF is still trading trading more than 50 pips below the level it had at the beginning of the day.