Swiss franc among top performers of the week, as investors look for safe-haven assets. A weaker US dollar also contributed to the 280-pips weekly decline in USD/CHF. The USD/CHF bottomed at 0.9317 during the American session, the lowest level since February 2018. Afterwards, the US dollar managed to stabilize and the pair rebounded, rising toward 0.9400. Near the end of the week, it is hovering around 0.9380 about to post a weekly decline of almost 300 pips. Better-than-expected US data failed to offer support to the greenback that dropped versus majors once again on Friday. The DXY reached the lowest level in a year at 95.73, before bouncing back to 96.00. As US yields moved off record lows, greenback’s weakness eased. The 10-year bottomed at 0.67 and then climbed to 0.77%. In Wall Street, the Dow Jones is down just 2.0% and the Nasdaq 3.15%. It is a red end to a terrible week for financial markets that included an emergency rate cut from the Federal Reserve. Volatility is likely to remain elevated next week. Also, if the Swiss franc continues to rise, market talk about an intervention from the Swiss National Bank should not be ruled out. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Fed’s Rosengren: Fed needs wider QE mandate to deal with economic downturns FX Street 3 years Swiss franc among top performers of the week, as investors look for safe-haven assets. A weaker US dollar also contributed to the 280-pips weekly decline in USD/CHF. The USD/CHF bottomed at 0.9317 during the American session, the lowest level since February 2018. Afterwards, the US dollar managed to stabilize and the pair rebounded, rising toward 0.9400. Near the end of the week, it is hovering around 0.9380 about to post a weekly decline of almost 300 pips. Better-than-expected US data failed to offer support to the greenback that dropped versus majors once again on Friday. The DXY reached the lowest… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.