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NEWS
CHF Gains on Coronavirus Scare; SNB Probably Intervened

CHF Gains on Coronavirus Scare; SNB Probably Intervened

24 February 2020

Coronavirus outbreak is spreading outside China, as many cases have been reported in Italy, South Korea. Safe haven assets gains, including CHF. Meanwhile it looks the SNB has intervened on currencies market.

Swiss Industry Preparing for Coronavirus Impact. EUR CHF falls

Swiss Industry Preparing for Coronavirus Impact. EUR CHF falls

10 February 2020

Industry and tourism sectors in Switzerland are bracing themselves for a possible economic impact of the coronavirus epidemic spreading from China, which is one of the biggest trading partners for the country. Meanwhile, the euro exchange rate continues to fall and is currently reaching a value of EUR CHF 1,067 which is close to the recently reached 3-year low.

EUR CHF to Lowest in 4 Months

EUR CHF to Lowest in 4 Months

07 February 2020

The euro exchange rate fell to the lowest point since October on February 7th, Friday, as German industry data noted the biggest decrease in a decade, meanwhile US Dollar has had good run after positive employment figures.

EUR CHF Exchange Rate Down for Second Day in a Row

EUR CHF Exchange Rate Down for Second Day in a Row

04 February 2020

Euro Franc exchange rate has fell down for a second day in a row as safe-haven assets are not popular among investors who choose riskier attitude.

EUR CHF exchange rate falls under 1.067

EUR CHF exchange rate falls under 1.067

03 February 2020

The EUR CHF exchange rate continues to fall and has reached a new low in the past three years. The Swiss National Bank continues to try to counter this with negative interest rates and interventions on the foreign exchange market.

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