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Oct 10 - 11:55 AM

USD/CHF - Close To Parity For First Time Since Mid-June

By Rob Howard  —  Oct 10 - 09:45 AM
  • USD/CHF eyes 1.0000 resistance level after adding to recent gains

  • Dollar supported by hawkish Fed expectations and geopolitical news

  • Kyiv, other Ukraine cities hit as Putin orders revenge for Crimea bridge

  • See: nL8N31A0IM. USD/CHF was last at 1.0000 on June 15

  • SNB cuts overnight deposits by 30 billion francs nL8N31B2H4

  • Russia's Gazprombank to discontinue Swiss operations nL1N31B09W

Source:
Refinitiv IFR Research/Market Commentary

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