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High oil prices erode CHF safe-haven status

The Swiss Franc is giving away gains against the USD on Friday, weighed by concerns about the Swiss economy's exposure to higher oil prices.

Original · FXStreet AI summary of public reporting

Why: Higher oil prices erode CHF safe-haven flows

BRENTOIL

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At publication → Current
BRENTOIL112.84 → 113.45+0.5%
EUR1.117 → 1.116−0.1%
High oil prices erode CHF safe-haven status | SignalHub