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Thomson Reuters
Mar 11 - 07:24 AM
USD/CHF - Significant Rally Fade But Bids Likely Not Far Away
First appeared on eFXplus on Mar 11 - 05:35 AM
  • U.S payroll data miss still reverberating positively through risk markets
  • USD/CHF doing the heavy lifting but weekly rally held at key res.
  • Nov high at 1.0128 threatened but USD peaked just ahead, 1.0124 Thurs
  • EUR/CHF within tightening weekly ranges: SNB looks to have backed off
  • Latest SNB sight deposit data shows domestic and total down nAPN004XYH
  • Deposits falling for second consecutive week as risk sentiment gyrates

USD/CHF Daily Candle Chart: Click here

Thomson Reuters IFR Markets


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