USD/CHF best day in 3-weeks

By FXstreet.com | August 18, 2014 AAA

FXStreet (Córdoba) - The USD/CHF finished higher, trading around 0.9060/65 on Monday, having the highest daily gain since July 22 after rising more than 40 pips or 0.44%.



At the beginning of the week the USD/CHF dropped to 0.9019, hitting the lowest price since July 25 but then rebounded and reversed sharply, hitting 0.9068 on American hours, where Friday’s highs lie.



The Swiss Franc was among the worst performer in the currency market and ended lower even against the Euro. The EUR/CHF posted the highest gain in month and managed to rise back above 1.2100 after falling on Friday to 1.2084, level not seen since January 2013.



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