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USD/CHF pushes below 0.9100 on ECB comments

FXstreet.com (Barcelona) – Having ranged overnight posting a high at 0.9123, USD/CHF has pushed below the 0.9100 level to post a daily low at 0.9074 before retracing to where it is presently trading at 0.9082, down -0.37% on the day.

USD/CHF declines on ECB commentary

USD/CHF, with its negative correlation with EUR/USD has pushed below the 0.9100 level on comments made by the ECB’s Coeure which lead to a spike higher in EUR/USD. Coeure offered nothing new, stating that the ECB can’t be held entirely responsible for Eurozone growth, the ECB will deliver on price stability mandate, that he doesn’t …read more