The Franc is one of the currencies, like the Australian dollar that can often be a leading indication for the market (inversely).
The FXF hasn't added anymore gains to its parabolic, knee jerk-like rally and just broke some initial support on increasing volume.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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