Mumbai, Nov. 6 -- Swiss Franc is attempting a recovery from around three-month low. The Swiss Franc has been under stress recently as weaker inflation data from the country pushed the USD/CHF pair towards 0.8100 mark. The Swiss National Bank is hinting at the possibility of future interventions while the US Fed has affirmed a steady interest rate stance in its latest meeting. Franc is also being hurt on generally stable risk appetite and a recent slide in precious metals is also reflecting thin demand for safe-havens right now. The USD/CHF pair is currently quoting at 0.8092, down marginally on the day.
Published by HT Digital Content Services with permission from Capital Market....
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.