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🔺 Swiss Franc Reaches Highest Level Since SNB Peg Scrap: Cable FX Macro

Writer: Rosbel DuránRosbel Durán
Jul 12, 2023

  • From a performance rank viewpoint, the CHF is the second-best performer on the day, up 1.41% or 130p to the dollar at 0.83704, franc sees its best session since mid-November

  • The franc extended gains after the previous YTD highs were broken on Tuesday, the spot is now at the highest level since 2015, when the SNB surprised markets by scrapping the FX peg to the euro


 
 

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