The Swiss franc represents, in UBS's view, the modern equivalent of the old D-mark.
One countermeasure: Switch some money into a more respectable currency, like the Swiss franc.
Most mortgages in Hungary are denominated in a foreign currency, in particular the Swiss franc.
The Swiss franc was trading at .8083 against the U.S. dollar at 4:00 a.m.
The dollar has finally done what the euro, the pound and Swiss franc did already.
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If the Swiss franc is no longer a safe bet, traders will find something else.
Consider the strength in recent years of the CurrencyShares Swiss Franc Trust (NYSE:FXF) .
Appreciation of the Swiss franc cost Lindt an estimated 9.5% of profits in 2011.
In Switzerland right now, a dollar that used to somewhat dwarf the Swiss franc no longer does.
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Investors looking for a safe place to put their money have sought refuge in the Swiss franc.
Easy to see French and the Swiss franc as separate from, but swappable with, English and the dollar.
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Hardliners have called for unilateral adoption of the euro (or maybe the dollar, Swiss franc or Norwegian krone).
Traders said along with gold, other beneficiaries of safe-haven buying are the U.S. dollar and the Swiss franc.
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The British pound, Swedish krona, Swiss franc and Canadian dollar are also trading well above their burger benchmark.
The Swiss National Bank (SNB) is therefore aiming for a substantial and sustained weakening of the Swiss franc.
Hence the Swiss franc is the most overvalued currency (by 64%), the ringgit the most undervalued (by 51%).
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Despite attempts by the Swiss central bank to stem the appreciation, the Swiss franc is overvalued by 68%.
Swiss Franc Trust shares are currently trading down about 1% on the day.
Swiss Franc Trust shares are currently trading down about 0.9% on the day.
The Swiss are clearly not happy with the rise of the Swiss Franc.
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Again and again, the authorities have warned currency traders that the Swiss franc was not a one way bet.
Only the yen and Swiss franc offer lower borrowing costs and we expect those carry trades to also reassert themselves.
The Swiss National Bank last intervened by selling the Swiss franc in 2009 when the recession was it its peak.
The dollar also rebounded against the yen and the Swiss franc, both of which are seen as safe haven currencies.
The upper chart on the left is of the Swiss franc, which has gone up about 10% in the past month.
Somehow the swiss franc will look as a so much better currency to keep your savings in the next few days.
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Continuing strong growth and the positive outlook in local currency will, however, be hampered by uncurbed speculation in the Swiss franc.
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On 6 September, following the transaction, the SNB intervened to reduce the value of the Swiss franc, making the dollar stronger.
The CurrencyShares Swiss Franc Trust (FXF) is up 15.6% year-to-date ending July 25, outperforming the SPDR Gold (GLD) exchange traded fund.
Streettalk apologizes for missing the run-up in the Swiss franc as a safe haven from the sovereign debt crisis in euroland.
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