XE Market Analysis: North America – Jul 28, 2017

The Swiss franc, in its sudden new-found role of fund currency of choice, continued to march lower, while the euro found fresh demand after correcting yesterday on the back of strong data leads out of the Eurozone. EUR-CHF rallied nearly 1%, gaining for a fourth consecutive day and logging a fresh 18-month high at 1.1380. EUR-USD recovered nearly half of yesterday’s decline lifting back above 1.1700, bringing the 30-month peak is at 1.1776 back into view.

Source: XE news feed
XE Market Analysis: North America – Jul 28, 2017