FXstreet.com (Córdoba) - The Swiss Franc is pulling back across the board after rising sharply during most of the European session. Against the Euro, tested 9-month highs but failed to extend the rally. EUR/CHF is back above 1.4900 and trades 0.13% above today's opening price at 1.4908/12. Yesterday the pair closed at the lowest level in 9-months.
The Pound has also rebounded in the last hour. GBP/CHF fell to 1.6492, reaching the lowest price in three weeks. But after the release of economic news in the U.S. the rose sharply back above 1.6500 to 1.6555/60, where it trades now, 0.10% below today's opening price. The pair is falling for the fifth time out of the last six days accumulating a decline of 400 pips.