Asian equity markets traded higher as the region received a tailwind from Wall Street where all major indices were lifted amid stimulus hopes.
Tag - chf - swiss franc
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EUR is weakening against the CHF. What's the outlook?
Asian shares scaled a record high on Friday on growing prospects of a large U.S. economic stimulus package, while hopes that coronavirus vaccine rollouts will boost the global economy underpinned investor sentiment.
Asia-Pacific stocks lacked firm direction as momentum faded from the record-setting performance on Wall St, where the S&P 500 and Nasdaq printed fresh all-time highs
Looking ahead, highlights from macroeconomic calendar include regional and national German CPIs, US Chicago PMI, OPEC meeting, ECB's Lagarde and BoE's Tenreyro speeches.
Asian shares stalled near record highs on Friday
The vaccine news helped the risk-friendly Australian dollar, which climbed to a one-week high against its US counterpart.
EUR/CHF is a rarely traded asset. In the meantime, there is much to see!
Asian equity markets were mostly higher as the region took its cue from the predominantly strong performance stateside where the S&P 500 and DJIA rallied to fresh record highs.
GBP/USD has just surpassed the hurdle at 1.3005
EUR/USD very little changed since this morning trading at the area of 1.1680, while USDJPY is trading at 104.50