USD/CHF rises to 0.9520, 14-month high

FXStreet (Córdoba) - Greenback strengthened after US economic data and extended gains across the board. USD/CHF rose from 0.9480, broke above 0.9500 and reached at 0.9520, the highest price since July 2013.

The pair is holding so far slightly above 0.9500, up 0.42% for the day. The area around 0.9520 capped the upside but momentum still favors the US dollar.

USD/CHF, another weekly gain

The Swissy is about to fall for the seventh week in a row against the US dollar; since 2010 that USD/CHF did not have such a negative weekly performance. From a week ago, the pair is gaining 100 pips.