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The Swiss franc remains one of the best performing major currencies of 2020, although gains have diminished over the course of the past month and further losses are possible in 2021 say analysts.
November 25,2020
The Swiss Franc remained the best performing major currency of 2020 on Friday even as it underperformed intraday, although Swiss National Bank (SNB) intervention is likely to keep the Euro-to-Franc rate above the year’s lows, according to Capital Economics and Commerzbank, even if its recovery prospects are uncertain.
October 16,2020
The Pound-to-Franc exchange rate rose on Thursday but could have much further to climb in the event that a Brexit trade deal is reached in the coming weeks, which has led Credit Agricole CIB to tip GBP/CHF as a buy.
October 8,2020
The Franc was left struggling Thursday after the Swiss National Bank (SNB) reiterated a threat of intervention on behalf of the economy and in the name of domestic inflation, although the nearing U.S. election and ongoing Brexit process are tipped to see the safe-haven currency recover before long.
September 24,2020
The Swiss Franc appeared to be the world's top performing currency Thursday as the Euro faltered against the Dollar while the U.S. unit ceded ground to safe-haven counterparts, raising the risk of intervention from the Swiss National Bank and one that could grow if a EUR/USD correction takes hold.
August 21,2020
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