Excerpt from: Forex Analysis
|
 |
| September 03, 2010 | | Risks to the Swiss franc rally | One of the best performers this year on the FX market has been the Swiss franc. It has everything going for it: traditional safe haven status and an expanding economy with inflation kept under wraps.
However, the Swiss franc may not see such progress as the year comes to a close, and as European sovereign debt issues come up again. GFT's Boris Schlossberg lays out the challenges in FX360:
However, if EZ growth begins to wane into the end of the
year while at the same time EZ sovereign debt concerns return, accelerating the fall in EUR/CHF  the economic
picture for Switzerland may no longer look so benign as the country’s critical export
sector could face a much more challenging environment in 2011.
| Topic Tags: Boris Schlossberg, currency trading, euro zone, forex trading, FX360, FX market, Swiss franc | |
|
|
