USD/CHF pulls back after FOMC minutes

FXStreet (Córdoba) - The USD/CHF during the American session reached at 0.8965 the highest price since February but after the release of the FOMC minutes, pulled back, trimming daily gains.

Currently trades at 0.8939, up 0.21% for the day so far. The retreated from the highs found support above 0.8930. If it ends around current price the US dollar would post the highest close in three months against the Swiss Franc.

Despite rising on Wednesday, the USD/CHF was unable to make a clear break of the 0.8950/60 area, that also capped the rally last week.