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TDUX
Jul 31 - 11:55 AM

USD/CHF - Climbs To Intra-Day Peak As Month-End Looms

By Robert Howard  —  Jul 31 - 09:53 AM

• USD/CHF rises to 0.8122 EBS intra-day high as month-end looms

• 0.80895 was low at 1324 GMT, as dollar weakened on U.S. Treasury news

• U.S. Treasury informed banks that it may intervene in yen, source says

• 0.8056 was EBS European morning low for USD/CHF, as USD/JPY fell sharply

• 0.80395 was EBS two-week low on Thursday, as USD/JPY tanked

• Japan may have sold up to $59 billion in yen-buying FX intervention Thursday

• SNB made a profit of 39.9 billion francs on its currency positions in Q2

• Swiss July inflation data due on Monday, at 0630 GMT; CPI 0.5% YY in June

USDCHF


(Robert Howard is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters

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