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USD/CHF consolidating below 0.9550

FXStreet (Córdoba) - USD/CHF is trading slightly lower on Friday and recently printed a fresh daily low at 0.9525 on a slow session. So far the pair moved in a small price action range: peaked during the European session at 0.9545 and then turned to the downside.

USD/CHF up for the week

On a calm Friday, Greenback despite making a modest pullback, is consolidating weekly gains versus the Swiss franc .After falling in the previous two weeks is about to close Friday, 60 pips above the level it had a week ago.

During the week the pair broke an important short term resistance ending a bearish correction that started from 0.9670 and bottomed October 15 at 0.9360.

EUR/JPY consolidates just below 137.00

EUR/JPY faltered ahead of the 137.00 level and following a short-lived downward correction that was contained by 136.50, it managed to settle in the 136’s high area.
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UK seeks emergency meeting on additional contribution to EU budget

The claim at today's summit in Brussels that the UK should contribute an additional 1.7 billion pounds to EU's coffers was met with UK PM David Cameron's "dismay". The British leader immediately demanded emergency talks with EU finance ministers on the matter.
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