USD/CHF dropped further during the American session and tumbled to 0.9378, the
lowest since March 12. As of writing, trades at 0.9390, down fifty pips for the
day, still under pressure.
Swiss franc and the yen are among the top performers as demand for safe-haven
assets soar. In Wall Street, the Dow Jones is falling more than 4% following
the FOMC meeting on Wednesday, coronavirus data and jobless claims numbers.
The U.S President Trump criticized again the
Federal Reserve, on this occasion for its projections. “The Federal Reserve is
wrong so often”, he mentioned. According to Trump, the economy will have a very
good Q3 and Q4.
greenback is posting mixt results against European majors, but is it up
significantly versus commodity and emerging market currencies, on the back of
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