USD/CHF climbs to 0.9250

FXStreet (Córdoba) - The US dollar rose further against the Swiss franc and printed a fresh 2-week high. USD/CHF peaked at 0.9251 and currently trades at 0.9235/40, up 1.85% from today’s opening price. From the beginning of the current week it has risen more than 400 pips.

The franc is among the worst performers on Thursday and trades at the lowest since the SNB turmoil while the US dollar is climbing sharply particularly against commodity currencies.

USD/CHF levels to watch

To the upside, immediate resistance lies at the 0.9250 zone and above here at 0.9285 and 0.9320/30. On the opposite direction, support might now lie at 0.9210, 0.9150 and 0.9115.

Pound under the spotlight - BTMU

Outlook for the pound in 2015 - Lee Hardman, Currency Analyst at Mitsubishi UFJ Financial Group, Inc. explained conditions surrounding the pound and outlook going forward.
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