USD mostly higher vs the major currencies
For the week, the CHF is ending as the strongest, while the NZD is the weakest as stock weakness helped to support the safe haven CHF, and the same reason sent the “risky” NZD lower.
That combination makes the NZDCHF the biggest mover for the week (1.70% change).
Looking at the daily chart for that pair, the price reached the highest level since June 19th last Friday, but started trading down on Monday.
The low for the week was reached on Wednesday and again today at 0.6743. Each were just above the 200 day MA at 0.67406. For those looking for a key bullish/bearish barometer next week, that level will be important in the new week. Be aware.
The USD was mostly stronger this week with the strongest gains vs the NZD, AUD, EUR and CAD. It was modestly higher vs the GBP in an up and down week, near unchanged vs the JPY and marginally lower vs the CHF (only -0.23%).