Currently, the pair EUR / CHF is the third consecutive day of decline, finally reaching a level of 1.33 in early European session. For comparison, USD / CHF has been especially stable, as the dollar and the Swiss won from betting on the "safe harbor" in regard to developments in the euro area and South Korea. In terms of avoiding risks separately until the end of the year, the Swiss will probably receive support from Europe, though probably will pull the dollar. In this scenario Suisse will steadily move higher parity level against the dollar, but the greater danger may be rolled back to level at 1.30 against the euro. In any case, it is unlikely to enjoy the Swiss authorities.
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