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Wall Street declines on Friday but posts decent gains on the week

FXStreet (San Francisco) - The US stocks market closed Friday with losses as investors are cautious ahead the weekend and Ukraine. However, Wall Street finished a week with solid gains. The S&P rose to an intraday record before declining.

The Dow Jones declined 28.41 pts or 0.17% to finish the day at 16,302.64; The DJIA rose 1.48% in the week. The S&P 500 eased 42.50 pts or 0.98% in the day to 4,276.79; posting 0.74% weekly gains. The Nasdaq lost 5.61 points or 0.30% to finish the day at 1,866.40. The Composite fell 1.37% in the weekly basis.

USD/CHF holds above 0.8800

The USD/CHF fell slightly on Friday and finished the week hovering around 0.8820, trading within a small trading range with support above 0.8810 and resistance at 0.8840.
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Forex: USD/CHF soars on falling Swissy

The USD/CHF rallied to 0.9355 as the Swissy gets offered strongly in early European time. The EUR/CHF soared to 1.2425, which gave extra strength to the USD/CHF market, jumping from around 0.9310 to 0.9355 high.
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