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03.07.2020 USD/CHF Daily Analysis

USD/CHF clings to modest recovery gains, above mid-0.9400s. The USD/CHF pair held on to its modest daily gains through the early half of

Yazar: editor_1

Yayınlanma: 3 Temmuz 2020 18:23

Güncellenme: 24 Mart 2024 00:10

03.07.2020 USD/CHF Daily Analysis

USD/CHF clings to modest recovery gains, above mid-0.9400s. The USD/CHF pair held on to its modest daily gains through the early half of Fridays trading action and was last seen trading near session tops, around the 0.9465 regions. The pair built on the previous day late bounce from over one-week tops and gained some positive traction on the last trading day of the week, snapping three consecutive days of losing streak. The prevalent risk-on environment undermined demand for the perceived safe-haven Swiss franc and was seen as one of the key factors behind the USD/CHF pairs modest uptick.
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