Brazil Unemployment Rate came in at 11.6%, above expectations (11.5%) in November

Dec 28, 2018

USD/CHF plummets to near 3-month lows, fast approaching 0.9800 mark

• The global flight to safety continues to underpin Swiss Franc’s safe-haven demand. • The US government shut-down/growth fears weigh on USD

• Hunt’s positive Brexit comments prompt some aggressive short-covering move. • Persistent USD selling bias remained supportive of the strong