European Session – EURCHF hits fresh 13-month high
Posted on January 17, 2013 at 2:35 pm GMTThe US dollar is weak as risk appetite is strong. This led to a rally in the euro, allowing a bounce to gain back recent losses as market sentiment continues to calm over the European crisis. The euro is outperforming against most major counterparts. EURCHF climbed to fresh 13-months highs today, well above 1.24, hitting as high as 1.2471 in the European session. EURUSD is also strong, having gained 0.5 percent since yesterday’s close and hit a high of $1.3376, [..]