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    USD/CHF: safe-haven currencies on 14.07.2015

    Producer and Import Prices for June in Switzerland fell by 0.1% and by 6.1% against the previous year (forecasted -5.8%), which indicates a slowdown in inflation growth.

    In the current state of fragile balance in the eurozone and sharp Asian stock markets moves, the Fed plans to increase interest rates can negatively affect investors sentiment and bring about uncertainty. Despite the USD is strengthening across the board, the CHF may become more attractive in the USD/CHF pair. 


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