EUR/CHF hovering below 1.2400

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More at http://daily20pips.blogspot.com/2013/01/irina-shayk-in-swimwear-will-blow-your.html The euro has continued to rise against the franc on Tuesday, extending gains into a fourth consecutive day, in a move that appears to have caught most investors by surprise. 

 

Having risen over 300 pips within the last week, EUR/CHF broke above the 1.2400 mark and recently printed a fresh 13-month high of 1.2411. The pair has eased from highs and it is currently trading at the 1.2375 area, up 0.3% on the day.