USD/CHF REVERSED ITS COURSE AND SURGED NEARBY 0.9300 ON CREDIT SUISSE’S RISK AVERSION
USD/CHF soars sharply as sentiment shifts sour on fears that the United States (US) banking crisis could spread globally. On Wednesday, Credit Suisse (CS) stock plunged 24% in an interview with one of its top shareholders, saying they won’t increase their stake at the bank due to regulation. At the time of writing, the USD/CHF is trading at 0.9287, up by 1.61% or 145 pips.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.