The Swiss franc appreciated vis--vis the U.S. dollar today as the greenback tested bids around the CHF 0.9940 level and was capped around the CHF 1.0110 level. Technically, todays intraday high and low were right around the 23.6% and 50.0% retracements of the move from CHF 0.9645 to CHF 1.0250. U.S. dollar offers are cited around the CHF 1.0375 level. The euro moved higher vis--vis the Swiss franc as the single currency tested offers around the CHF 1.5950 level while the British pound weakened vis--vis the Swiss franc and tested bids around the CHF 1.9645 level.
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