French Pres. Macron spoke with Russia's Putin and urged an immediate cease-fire.

French Pres. Macron, spoke with Russian Pres. Putin today and urged an immediate cease-fire. No other details have yet to be reported.

Meanwhile EU's Borrell is on the wires saying:

• We will further hike sanctions against Belarus and against anyone collaborating with Putin on Ukraine
• On financial sanctions against Russia, says we start thinking we should do more
• We have mobilized satellite center in Madrid to support Ukraine with intelligence
• Bloc must reduce as quick as possible exposure to Russian oil and gas
• I am very happy Switzerland joined us on sanctions against Russia
• Transferring money to Switzerland won't help Russian oligarchs now. That's really good news
• Sanctions on Russia will backlash, but we have to be ready to pay this price now

The USDCHF USD/CHF The USD/CHF is the currency pair encompassing the dollar of the United States of America (symbol $, code USD), and the Swiss franc of Switzerland (code CHF). The pair’s exchange rate indicates how many Swiss francs are needed in order to purchase one US dollar. For example, when the USD/CHF is trading at 1.2500, it means 1 US dollar is equivalent to 1.25 Swiss francs. The US Dollar (USD) is the world’s most traded currency, whilst the Swiss franc (CHF) is the world’s sixth most traded currency, The USD/CHF is the currency pair encompassing the dollar of the United States of America (symbol $, code USD), and the Swiss franc of Switzerland (code CHF). The pair’s exchange rate indicates how many Swiss francs are needed in order to purchase one US dollar. For example, when the USD/CHF is trading at 1.2500, it means 1 US dollar is equivalent to 1.25 Swiss francs. The US Dollar (USD) is the world’s most traded currency, whilst the Swiss franc (CHF) is the world’s sixth most traded currency, Read this Term has continued to see more selling in the NY session with the pair now trading below its 200 day MA at 0.9181. Last week, the pair did move below that MA level on a number of occasions but was able to bounce back higher.