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Swiss Franc
Trends
- 1Swiss Franc Slides on Prospect of Rate Rises Outside Switzerland●Swiss Franc Slides on Prospect of Rate Rises Outside of Switzerland
The Swiss franc is falling against other major currencies as traders bet that interest rates may rise faster outside Switzerland, reducing the franc's appeal as a safe-haven currency. Markets are watching central bank policy moves, with expectations of rate hikes elsewhere weakening demand for the Swiss currency and shifting currency positions.