USD/CHF testing 2014 highs

By FXstreet.com | August 22, 2014 AAA

FXStreet (Córdoba) - The USD/CHF gained momentum after Janet Yellen’s speech in Jackson Hole and rose from 0.9115 to 0.9153, reaching the highest price since January 21, just a two pips below 2014 highs.



Currently trades at 0.9142 as the US dollar eases across the board, up 0.32% for the day, erasing yesterday’s losses. Earlier dropped to 0.9101 (daily low) but then rebounded.



USD/CHF best week in months

Greenback is having the best week since January against the Swiss Franc and if it ends above 0.9115 it would post the highest weekly close since November 2013.



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