Swiss Franc trades lower versus US Dollar on rising Treasury yields
The Swiss Franc (CHF) weakens against a strengthening US Dollar (USD) on Tuesday, at the start of the new year.
Source: fxstreet.com
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The Swiss Franc (CHF) weakens against a strengthening US Dollar (USD) on Tuesday, at the start of the new year.
The US Dollar is reversing Thursday´s gains against the Swiss Franc.
USD/CHF posted an all-time low at 0.8394 during the Asian trading hours on Thursday, trading around 0.8400 at the time of writing.
In Wednesday's session, the USD/CHF saw pronounced downward movements, sliding to multi-year lows of 0.8440, seeing a steep 1% dip.
USD/CHF attempts to rebound from a five-month low at 0.8557, trading around 0.8570 during the Asian hours on Friday.