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Myanmar Earthquake sends USD/CHF Down

A serious 7.0 magnitude earthquake has hit northeast Myanmar (Burma). The epicenter of the quake was close to Myanmar’s borders with Laos and Thailand. The earthquake, that was felt as far as Bangkok, Thailand’s capital, joins all the other global fears and sends traders to the Swiss franc, yet again. USD/CHF made a fresh fall to 0.9040.

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.