The Swiss Franc appreciates further, as the USD/CHF hits levels below 0.8000 for the first time since September 2011. The US Dollar is tumbling on a mix of improving appetite for risk and weak US data that is feeding hopes of Fed rate cuts.
The EUR/USD pair appreciates for the seventh consecutive day but remains capped below the nearly four-year high at 1.1745 reached on Thursday.
West Texas Intermediate (WTI) Oil price advances on Friday, early in the European session. WTI trades at $65.12 per barrel, up from Thursday’s close at $64.75.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $66.66 price posted on Thursday, and trading at $67.06.