FXstreet.com (Córdoba) - The Swiss Franc is recovering further against the Dollar. USD/CHF rose earlier to 1.0323, intra-day high but it failed to consolidate above 1.0300 and fell to 1.0280. Currently the pair is being traded at 1.0295/98, the same price the pair had at the beginning of the day.

The Swiss Franc recently posted a fresh 3-month high against the Euro. EUR/CHF fell to 1.5073, extending previous losses. The pair is falling for the third day in a row. As the pair approaches to the 1.5000 area, traders will start to focus the attention on the Swiss National Bank and a possible intervention.