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4 Feb 2015
USD/CHF drops toward 0.9200
FXStreet (Córdoba) - The Swiss franc printed a fresh daily high against the US dollar on a quiet American session. USD/CHF dropped to 0.9215 and it was trading at 0.9225, still unable to move significantly away from 0.9250.
The franc rose across the board during the last hours. While EUR/USD remains near daily lows and GBP/USD trims gains, USD/CHF holds under 0.9250.
The pair is falling for the second day in a row for the first time since January 21 suggesting a consolidation after rallying from 0.8500 (Jan 21 low) to 0.9345 (Feb 02 high).
The franc rose across the board during the last hours. While EUR/USD remains near daily lows and GBP/USD trims gains, USD/CHF holds under 0.9250.
The pair is falling for the second day in a row for the first time since January 21 suggesting a consolidation after rallying from 0.8500 (Jan 21 low) to 0.9345 (Feb 02 high).