The Swiss franc rallied today against the US dollar, heading to the record, as the leading economic indicators showed the sustainable economic growth.
The KOF Economic Barometer posted a reading of 2.10, which was rather higher, despite declining from the previous level of 2.13 in the third straight drop. The report also forecasts that the economy would continue its growth, albeit at a slower pace.
USD/CHF rallied today from 0.9520 to 0.9502 as of 13:19 GMT after it touched yesterday the record low of 0.9434. At the present time the currency pair looks very volatile, but tend to decline.
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