By Robert Howard — Jun 26 - 05:41 AM
• USD/CHF falls to 0.7982 EBS low as Fed credibility concerns weigh on dollar
• 0.7982 is lowest level since the "Frankenshock" in January 2015
• Fed credibility concern flames fanned by Wall Street Journal report
• WSJ says Trump mulls announcing Powell's successor as early as September
• Trump says he is considering three or four candidates for next Fed chair
• There is a big 0.80 option expiry on Monday (June 30); $1.7 billion strike
USDCHF
(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters