Intraday Market Thoughts

Black Smoke & Franc Divergence

by Ashraf Laidi
May 23, 2018 17:15

Recent Swiss franc strength extended to the point of gaining versus all major currencies, including the US dollar over the past 2 weeks. Not coincidentally, the start of this period coincided with the breakout in Italy's political drama. But there are other factors enforcing franc strength. Will the currency require continuous fear in order to maintain its gains. Full analysis


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