USD/CHF falls to 0.8940

FXStreet (Córdoba) - The USD/CHF reached a fresh daily low on American hours at 0.8939 and then bounced slightly to the upside. Currently trade at 0.8947, down 0.10% for the day, headed toward the first daily loss in a week.

After the opening the US dollar weakened across the baord and pushed the USD/CHF to the downside. Earlier the pair rose to 0.8966 (daily high) but then turned to the downside, erasing gains.

Currencies are moving in small ranges, as Wall Street remains close on Memorial Day in the US. The low volume could continue until Tuesday’s Asian session.