TagSwiss Franc

Swiss Franc Plummets – Here’s What Caused the Haven Currency's Mini ‘Flash Crash’

Swiss Franc

On Monday during the Tokyo session, the Swiss franc (CHF) was aggressively sold. The USD/CHF pair, for instance, touched the 1.0106 level. This was a high that the pair last reached in November last year. On the other hand, the Euro/Swiss Franc (EUR/CHF) pair touched the 1.1422 mark. Against the Japanese yen, the franc fell to 108.80 while against the sterling pound it touched the 1.3056 level...