Swiss Economicblogs.org
Swiss Franc The Swiss Franc strangely depreciated on a day, when the other safe-haven, the yen strongly improved. The euro went up to 1.0899 by 0.54%. The reason seems to be technical. USD/CHF Finally over 200DMA? After USD/CHF broke the 200 days moving average (0.9854), and a descending channel since November 2015. This break could lead to a new pattern building. If the SNB has sustained the rise with some...
Read More »FX Daily, July 26: Strange Day: Yen Soars , Swissie Falls
