Sidewinder Swissie snoozes for the week

MARKET NEWS

The Swiss franc traded sideways last week, ending the week at the same level it began. Dave Durrant, chief currency strategist at Bank Julius Baer in New York, examines influences acting on the currency

One of the products of a low inflation economy that outperforms its major trading partners is a currency with strengthening tendencies. Switzerland conducts over 60% of its trade with Europe, annually posts lower inflation and has economically out-performed Europe for the past two years. This is

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