USD/CHF RISES TO TWO-DAY HIGHS NEAR 0.9250

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  • Swiss Franc among worst performers on Friday.
  • USD/CHF heads for weekly loss, but off lows.
  • EUR/CHF extends rebound, approaches parity.

The USD/CHF is up on Friday, but still down for the week. The pair surged to 0.9234, hitting the highest level in two days and then pulled back toward 0.9200, amid a weaker US Dollar.

On a weekly basis the pair is down by less than 50 pips, after recovering from 0.9080. The weekly close far from the bottom shows some difficulties for the Swiss franc extending the rally.

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