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16 Mar 2015
USD/CHF consolidates above 1.0000
FXStreet (Córdoba) - USD/CHF, as most crosses in the FX market, has had a quiet day, consolidating last week’s gains above the parity level as investors turn their attention to Wednesday’s FOMC meeting.
USD/CHF has spent the day in a slim range, contained by 1.0020 on the downside and capped by 1.0090 on the upside, unable to pick up momentum either side of the board. At time of writing, the pair is trading at
The Swiss National Bank is also scheduled to meet this week. Today, Switzerland's finance minister Eveline Widmer-Schlumpf said the government may seek to meet more often with the SNB but that it had not asked the the central bank to introduce a new cap on the franc.
USD/CHF has spent the day in a slim range, contained by 1.0020 on the downside and capped by 1.0090 on the upside, unable to pick up momentum either side of the board. At time of writing, the pair is trading at
The Swiss National Bank is also scheduled to meet this week. Today, Switzerland's finance minister Eveline Widmer-Schlumpf said the government may seek to meet more often with the SNB but that it had not asked the the central bank to introduce a new cap on the franc.