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The franc became the official currency of Switzerland in 1850. Years ago, France was probably the country most often associated with francs, but now the Swiss franc is the only franc still issued.
Other currency groups of this type would be comprised of the JPY crosses, GBP crosses, AUD crosses, NZD crosses and the CHF crosses. Next: The Long and Short of It (Forex Jargon) - Part 4 of 5 ...
The EUR/CHF currency is driven by the pair of currency pairs USD/CHF and EUR/USD. A 98.4% correlation is close to perfect for two separate and distinct financial instruments.
The world’s richest major economy has both a strong currency and a strong manufacturing base. The Swiss franc has been the top-performing currency over the past 50 years, 25 years, 10 years and five ...