Back
17 Apr 2014
EUR/CHF rises for the fourth day in a row
FXStreet (Córdoba) - The EUR/CHF is approaching 1.2200 and is headed toward the fourth daily gain in a row, making a strong recovery after falling on Monday to 1.2140, the lowest level in almost a month.
Currently the pair trades at 1.2197, up 0.13% for the day and near 1.2200. Yesterday the Euro spiked higher to 1.2205 but pulled back quickly. Earlier today, during the European session found support at 1.2168 from where it bounced and turned to the upside.
The Swiss Franc is the worst performer among European currencies on Thursday and is extending weekly losses.
Currently the pair trades at 1.2197, up 0.13% for the day and near 1.2200. Yesterday the Euro spiked higher to 1.2205 but pulled back quickly. Earlier today, during the European session found support at 1.2168 from where it bounced and turned to the upside.
The Swiss Franc is the worst performer among European currencies on Thursday and is extending weekly losses.