EUR/CHF hit again

Author: Gerry Davies | Category: News

EUR/CHF has been hit again, down at 1.3535 from early 1.3580.  Recently there has been talk of the Swiss National Bank selling the cross, something I for one certainly can’t substantiate.  Also yesterday there were rumours of a September rate hike in Switzerland.  All very murky.

The EUR/CHF cross selling has helped pressure EUR/USD, which is presently down at 1.3050.

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