FXStreet (Córdoba) – EUR/CHF moved sideways during most of the day and on American hours broke above 1.0475 and rose to 1.0535 hitting the strongest level since Monday. During the last hour pulled back and it was trading at 1.0485/90, up 0.35% for the day.
The euro is up against the Swiss franc despite the fact that no deal was reached at today’s Eurogroup meeting. An emergency meeting of Eurozone leaders will take place on Monday 22 in Brussels. The president of the Eurogroup said that is unthinkable an implementation of a deal with Greece and a disbursement before June 30.
While EUR/CHF moved off session highs but remained on positive territory, EUR/USD turned to the downside during the last hour, erasing daily gains and hit a fresh low at 1.1339.
(Market News Provided by FXstreet)