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Forex: USD/CHF moves back to 0.9300 barrier

FXstreet.com (Barcelona) - The USD/CHF has held fast following the release of several economic indicators across Europe. With this news the pair has fallen agains, trading at the threshold of the 0.9300 level in these moments. Back to this barrier, the cross is once again trading negatively at -0.17%.

According to Research Analyst Gareth Berry at UBS, “We reiterate out neutral status for the USD/CHF – there is a main support at 0.9230, though only a closing breach here would be a strong bearish development. Resistance is at 0.9340 ahead of 0.9375.”

In the EMU, Consumer Price Index – Core (YoY) has grown +1.5% in March, besting a consensus of +1.4%. Meanwhile, the Consumer Price Index (MoM and YoY) has climbed +1.2% and +1.7% respectively, matching expectations. Finally, in Germany, the ZEW Survey – Economic Sentiment (April) has revealed 36.3, missing projections of 42.0.

Forex: EUR/GBP moves towards session highs at 0.8544/50

The EUR/GBP has jumped over 20 pips off its lows (0.8522) Tuesday, following the publication of economic data in the EMU and Germany. At the time of writing, the pair has moved higher into positive territory to trade at 0.8544/50, up +0.17%.
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Forex: EUR/USD back to 1.3070/80

The bloc currency left session lows around 1.3030, dragged lower on poor results from the ZEW Survey in Germany, after sudden buying interest lifted the pair to levels short of 1.3090 on Tuesday...
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