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Mar 30 - 06:55 AM

USD/CHF - Scales 8-Month Peak As 10-Year UST Yield Hits 1.77%

By Rob Howard  —  Mar 30 - 04:51 AM
  • USD/CHF hits 0.9423 EBS high after vaulting 0.9418 (Friday's high)

  • 0.9423 is the highest level since July 17 (0.9458 was EBS high that day)

  • Rise to 0.9423 fuelled by higher UST yields: 10-year up to 1.77%

  • 1.77% is highest level for 14 months. 1.72% was Monday's high nL1N2LR2LJ

  • SNB said franc remains "highly valued" in its quarterly MPA last week

  • See: nL8N2LN2EP. 0.8759 was six-year EBS low for USD/CHF at start of 2021

USDCHF Click here

Source:
Refinitiv IFR Research/Market Commentary

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