The Swiss franc appreciated vis-Ã -vis the U.S. dollar today as the greenback tested bids around the CHF 1.0875 level and was capped around the CHF 1.0950 level. The pair came within 35 pips of establishing a new multi-decade low. Data released in Switzerland today saw the January KOF economic barometer fall to 1.70 points from a revised 1.84 points in December. U.S. dollar offers are cited around the CHF 1.1155 level. The euro and British pound came off vis-Ã -vis the Swiss franc as the crosses tested bids around the CHF 1.6105 and CHF 2.1650 levels, respectively.
Join the Discussion