9 Nov 2016
USD/CHF sees tepid-bounce amid Trump-led flight to safety
The USD/CHF pair remains relentlessly offered in a poor risk-associated space amid increased chances of a Trump victory, with models showing Trump winning chances as high as 95%.
The electoral votes count now favors Trump with 244 votes, as against a 215 reading for Clinton. While Trump takes the lead in Pennsylvania, awaiting victory results in Wisconsin, Michgan and New Hampshire.
However, the Swiss franc remains the worst performer amongst the safe-havens, with gold snatching the top spot, followed by the Japanese yen.
USD/CHF is last seen exchanging hands at 0.9580, recovering from a dip to 0.9550, still down -2.10%.