EUR/CHF after the cut of the key interest rates. The investors who are looking for a stability will be necessary to find another currency after the decision of the Swiss National Bank to cut the key interest rates into negative territory. The key interest rates in Switzerland is -0.25%. World-Signals expects the investors interest in Swiss Franc to cut down. The half of the investors will remain with Swiss Franc as the other half will start investing in other instruments like Gold, Asian currencies like Chinese Yuan, Singapore Dollar, Hong Kong Dollar and others. EUR/CHF down to 1.1990 below the key 1.20 level as the Swiss National Bank react very fast with cut the interest rates. After that the price moves to 1.2096. World-Signals expects slowly recovery of the Euro against the Swiss Franc in the next days.
Posted on: Thu, 18 Dec 2014 20:53:35 +0000
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