by Mon, 27 Sep 2010 00:52:00 +0200
Forex: CHF loses advantage, gaps filled up
FXstreet.com (Barcelona) - Swissy crosses lost steam in the initial hours of trading in Asia, resulting on a general sell-off aiming to snap prices back towards its neutral levels from NY close, following favorable gaps during pre-market activity.
CHF crosses gained on average about 30-35 pips through interbank trading. However, USD/CHF jumped to 0.9846 after opening at 0.9818, EUR/CHF made it back to 1.3285, GBP/CHF to 1.5590, while CHF/JPY fought back to 85.60.
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