6 Oct 2014
EUR/CHF rises further above 1.2100
FXStreet (Córdoba) - The euro is rising against the Swiss franc for the fourth trading day in a row and hit levels not seen since August.
EUR/CHF opened the week at 1.2115, the pulled back toward 1.2100. Recently broke above 1.2120 and jumped to 1.2136, hitting the strongest level in seven weeks. Currently trades at 1.2130, up 0.18% for the day. The euro is the best performer among european currencies on Monday, despite weak economic data.
The pair could post the highest daily close in two months. The last time EUR/CHF rose for four days in a row was in April.
EUR/CHF opened the week at 1.2115, the pulled back toward 1.2100. Recently broke above 1.2120 and jumped to 1.2136, hitting the strongest level in seven weeks. Currently trades at 1.2130, up 0.18% for the day. The euro is the best performer among european currencies on Monday, despite weak economic data.
The pair could post the highest daily close in two months. The last time EUR/CHF rose for four days in a row was in April.