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Tag Archives: CHF EURO

Swiss franc highest against Euro since July 2015

On 19 November 2021, the Euro went below 1.05 Swiss francs, the lowest it has been since July 2015. © Skovalsky | Dreamstime.comThe Swiss franc is viewed as a safe haven currency and tends to rise when markets are bearish. However, this week the shift in exchange rate may have had more to do with the situation in Euro zone than a shift to safety. The Euro has recently weakened against a number of currencies including the Yen, US dollar and Pound. Currency traders appear to be concerned...

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