Swiss Franc Weakens As Safe Haven Status Put On Backburner

The Swiss Franc has weakened Monday to a great extent as many currencies have been trading very good against the Old Guard Safe Haven. The USD took a little of the safe haven status for itself as the dollar traded fairly strong in the opening of the New York Session.

It could be that speculators are going with commodity currencies that are closely tied to Gold and Iron. CadChf is up and so is AudChf.

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