FXstreet.com (Barcelona) – After rising around 70 pips in the Asian session from 1.0560 to trade above 1.0600 and test August 21 high at 1.0632, USD/CHF has begun to fall during the European session to trade bellow 1.0600 level again. Currently the pair is trading around 1.0590/1.0600, posting 0.25% daily gains from opening price action.
George Clement, senior analyst at Swiss e Trade, comments about USD/CHF: “This market is much more undecided against the dollar than the EUR / USD for example. Currently trading at 1.0620, volatility disappeared almost completely in early European trading. We do not see much trading potential in this market for today.”
