The main feature of the Swiss franc this week is the inability to break through parity against the dollar, which hold 2 / 3 cents for the week. The fact that he held yesterday, a day of growth in demand for risky assets, stocks, forex, says that the U.S. dollar and Swiss perceived as a safe haven at the moment. More characteristic of this was evident on the pair EUR / CHF, where the euro has increased by more than 2 cents against the Swiss in the environment. This may well be heading for a month with a higher volatility in pairs EUR / CHF vs. USD / CHF, especially when their number is reduced by the end of the year. GDP data for the third quarter this morning, rising more than expected, and growth in comparison with the previous quarter was 0.7% in the second quarter growth was 0.8%. Domestic demand was quite sure from the previous quarter and up 2.2% against decrease in net trade to GDP data. All this underscores why the SNB, probably will continue to closely monitor the Swissotel in the coming months, fearing that the future growth of the currency may undermine the recovery of the Swiss economy.
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