September 3, 2010 4:03 pm

CHF: expensive Franc holds back the levels of the net inflation

Swiss economy looks stable, despite of some statistical information, which didn’t meet market’s forecasts. Franc’s rate looks attractive to investors: during the market instability Franc has been growing, and on Friday it stayed at the same level, while the outer background allowed its “colleagues” to grow.

As it became known on Friday, inflation in Switzerland at the end of August stayed at the same level and showed growth by 0,3% per annum against the expected +0,4% per annum. This data…

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Symbol Bid Ask
EURUSD 1.2893 1.2895
GBPUSD 1.5460 1.5463
USDCAD 1.0393 1.0397
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