CHF Analysis: Franc Falls as Optimism Gains Momentum

CHF Analysis: Franc Falls as Optimism Gains Momentum

The Swiss franc is known for its safety investment profile, usually appreciating when markets face pessimist and uncertain times. Today, the franc decline as optimism gained moment in markets worldwide.

The franc lost as economics suggest that even if with European sovereign debt concerns, the economic recovery is sustainable, raising risk appetite, and decreasing attractiveness for safer investments like the Swiss franc and the Japanese yen.

Source: CHF Analysis: Franc Falls as Optimism Gains Momentum