HALISTER1: USD/CHF ALERT: Pair Slumps to One-Month Low as Trump Leads

USD/CHF ALERT: Pair Slumps to One-Month Low as Trump Leads

(Bloomberg) -- USD/CHF falling as much 1.3% to 0.9655, below 10-DMA at 0.9780; now down 1% to 0.9682.
  • Support: Oct. 3 low at 0.9630; Aug. 18 low at 0.9537
  • SNB hovering over Swissie is seen as diminishing haven appeal, analysts and fund managers say
  • NOTE: Mark Cranfield is an FX strategist who writes for Bloomberg. The observations he makes are his own and are not intended as investment advice.
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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