USD/CHF retreats from 1-year highs

FXStreet (Córdoba) - During the European session, after the release of inflation data from the Euronze, USD/CHF gained momentum and then peaked at 0.9595, reaching the highest price since July 2013.

After Wall Street opening bell retreated and fell to 0.9544; currently trades at 0.9560/65, 50 pips above the level it closed yesterday.

USD/CHF best month in 2 years

Greenback is about to end the month with a gain of almost 400 pips against the Swissy. The pair started September trading around 0.9190 and currently trades near 0.9600. It is the best monthly performance for USD/CHF since May 2012.