Here’s why the Swiss franc just pumped to 2011 highs
The USD/CHF exchange rate continued its strong downtrend this week, plunging to the lowest level since 2011. It has dropped in the last five consecutive months, the longest losing streak since September last year. This article explains the top reasons why the pair has crashed this month. US dollar index has crashed Copy link to section The USD/CHF exchange rate has plummeted due to the ongoing decline in the US dollar index. The index, which tracks the performance of the greenback against other currencies, dropped to a low of $97.30, its...