EUR/CHF opened higher this morning on the prospect of a US debt-ceiling deal getting signed, trading to 1.1425 in early interbank fare after closing last week at record lows near 1.1300. It is presently giving back some of those gains, now trading near the previous low at 1.1370.
On the debt deal front, Democrat leader Reid says he hopes a vote will happen tonight and he will support the emerging deal pending approval from other Democrats.
