The German Bund chart is very important for us, because the Swiss franc is negatively correlated to German government bond yields. The lower Bund yields, the stronger the Swiss Franc. When European governments and the ECB are ready to pay higher interest rates, then CHF depreciates. 10-year Gilt yield, Close on 06/12 Whether it is due to rising, or receding, fears of Brexit, earlier today UK Gilts joined the global...
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