USD/CHF Rallies to 11-Month High Above 0.8100
USD/CHF extended its rally for a third consecutive day, reaching an 11-month high of 0.8139 before settling near 0.8124.
USDCHF
The USD/CHF pair continued its upward momentum for a third straight session this week, hitting a fresh year-to-date high of 0.8139. This level represents an 11-month peak for the dollar against the Swiss franc.
At the time of writing, the pair was trading at 0.8124, maintaining gains after the breakout above the 0.8100 threshold. The sustained rally reflects strengthening demand for the US dollar relative to the Swiss franc.
No specific catalyst was cited in the report, but the move extends a bullish trend that has been building over recent weeks.
Source: FXStreet Forex News