United States Consumer Confidence came in at 90.9, above expectations (85.3) in July

FXStreet.com (Barcelona)

Jul 29, 2014

USD/CHF climbs to near 6-month highs

The USD/CHF finally broke above the 0.9050 resistance area and accelerated to a fresh 5 ½-month peak in a bout of dollar demand at the beginning of the New York session.

US Q2 GDP expected to come in strong at 4.6% - ING

Rob Carnell from ING suggests that the Q2 US GDP reading due out on Wednesday should come in at 4.6%, which is a much more optimistic view than market consensus of a 3% rise.