USD/CHF retreats but remains around 0.9500

FXStreet (Córdoba) - FXStreet (Córdoba) - USD/CHF printed a fresh post SNB turmoil high at 0.9534 earlier and then pulled back toward the level it closed yesterday. The pair dropped to 0.9493 and currently trades at 0.9512, slightly higher for the day.

Despite falling against the US dollar the Swissy is the best performer so far among European currencies. EUR/CHF dropped below 1.0800 while GBP/CHF fell to 1.4600.

A strong week for USD/CHF

Greenback is rising for the second week in a row against the franc and the fourth out of the last five weeks. But with the Eurogroup-Greece meeting on focus, the week is far from over.

Japanese GDP could grow 2.3% on a year to Q4 2016 – DB

Analysts at Deutsche Bank remain optimistic regarding the Japanese economic growth...
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