Swiss Franc Rises as Dollar Weakens and Eurozone Concerns Grow
The Swiss Franc has risen as the Dollar eases, while French-German yield spreads have widened sharply. The strengthening of the Swiss Franc is likely due to a combination of factors, including its status as a safe-haven currency and its relatively low inflation rate compared to other major currencies.
The widening of French-German yield spreads suggests that investors are becoming increasingly concerned about the economic prospects of the eurozone, particularly in relation to Germany. This is likely due to a combination of factors, including the ongoing trade tensions between the US and Europe and the impact of Brexit on European markets.