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Oct 20 - 08:55 AM

EUR/CHF - Retreat From Two-Week Peak Extends On Weidmann Exit

By Rob Howard  —  Oct 20 - 06:47 AM
  • EUR/CHF retreat from 1.0764 extends to 1.0735 EBS low on Weidmann exit news

  • See: nL8N2RG2LKnL1N2RG0QC. 1.0735 is a pip shy of Monday's EBS high

  • 1.0764 was two-week EBS high in early European trade (1.0741 was Asia low)

  • Ascent to 1.0764 influenced by rise in risk appetite (franc is safe-haven)

  • EUR/CHF plumbed 11-month low sub-1.07 last week (Oct 14) nL1N2RA0MD

EURCHF Click here

Source:
Refinitiv IFR Research/Market Commentary

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