LiteForex - Analytics

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    USD/CHF: investors preferred franc to dollar on 26.03.2015

    USD/CHF has continued to drop this week due to the results of US Fed's last meeting. Fed officials worsened the outlook for GDP growth for the next few years and voiced the intention to raise interest rates at a slow pace. Weak statistics for February retail sales are also putting pressure on the American currency. The instability of the US economy makes investors put money in safer assets, such as the franc.

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