USD/CHF fails to hold above 0.9000 again

By FXstreet.com | June 11, 2014 AAA

FXStreet (Córdoba) - The USD/CHF is about to end the day barely below 0.9000, with marginal daily gains. During the European session the pair reached a 6-day high at 0.9011 but failed again to hold above 0.9000 and pulled back.



During the American session the USD/CHF rebounded from 0.8980 and rose toward 0.9000, that capped the upside.



USD/CHF rises one more time but…

The US dollar is rising for the fourth trading day in a row against the Swiss Franc. Every day after the ECB decision to introduce more stimulus the pair rose but slowing the velocity as it approached 0.9000.



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