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Nov 20 - 05:55 AM

EUR/CHF - Pushes Recovery Envelope On Report About Putin

By Rob Howard  —  Nov 20 - 03:45 AM
  • EUR/CHF rose to 0.9364 after Reuters report on Putin published (at 0600 GMT)

  • Putin, ascendant in Ukraine, eyes contours of a Trump peace deal

  • 0.9364 is highest level since Tuesday's EBS 15-week low of 0.9305

  • That low was plumbed after Putin lowered the threshold for a nuclear strike

  • White House: US won't change nuclear posture after Russia lowers threshold

  • EUR/CHF resistance levels include 0.9370 (Monday's EBS high) and 0.9400

Source:
Refinitiv IFR Research/Market Commentary

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