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Swiss franc snoozing - MarketPulse

Swiss franc snoozing - MarketPulse
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Swissie falls as dollar punches above 91 - MarketPulse


Swissie falls as dollar punches above 91
March 1, 2021SharePrint
The Swiss franc has started the trading week and the month of March in negative territory, as the currency’s downswing continues. USD/CHF is currently trading at 0.9141, up 0.63% on the day.
Swiss franc falls to 4-month low
The Swiss franc remains in a prolonged downswing against the US dollar. The Swissie has lost 3.6% of its value so far this year, and the currency fell 2.1% in February, its worst month since April 2019. Although Covid-19 remains a significant problem, investors are encouraged by the significant progress of the vaccine rollouts. Global economic growth is expected to recover in 2021, and risk sentiment for investors has risen considerably since the dark days of 2020, when Covid was running rampant, practically unchallenged. This has made the Swiss franc, a reliable safe-haven asset, less attractive to investors willing to take on risk. ....

Suisse Economic Expectations , Covid 19 , Credit Suisse Economic Expectations , Swiss Kof Economic Barometer , Switzerland Gdp , ஸ்யூயி பொருளாதார எதிர்பார்ப்புகள் , கடன் ஸ்யூயி பொருளாதார எதிர்பார்ப்புகள் , சுவிட்சர்லாந்து ஜீடீபீ ,