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EUR/CHF spikes to 1.2025 and retreats

FXStreet (Córdoba) - EUR/CHF climbed quickly from 1.2011 to 1.2025, reaching the strongest level since November 12 but pulled back as fast as it rose and currently is trading at 1.2010.

EUR/CHF moves with poll

Recently gfs.bern in partnership with SRG release a poll regarding the Swiss gold initiative and the “no” was leading with 47% while the “yes” was at 38%. EUR/CHF climbed after the report but retreated, while gold plunged from $1,195/oz to $1,175/oz; but also bounced and it was back above $1,190 ahead of the FOMC minutes. The referendum will be held November 30.

EUR/CHF remains near the 1.2000 floor unable to move of that level; trading in a small range, but reaching fresh lows constantly attracting traders and SNB attention.

GBP/USD bears reloading for cheap dollars

GBP/USD is trading at 1.5668, up 0.24% on the day, having posted a daily high at 1.5703 and low at 1.5590.
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EUR/GBP getting as good as it gives

EUR/GBP is trading at 0.8006, down -0.16% on the day, having posted a daily high at 0.8041 and low at 0.7989.
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