Swissie sways FX sentiment

Chris Furness, senior currency strategist at 4Cast, put this variability down to the lack of options activity in the market-place buffering movements in the pair. He said: "Options trade in the euro/dollar has stopped the pair moving as fast as it did for the Swissie, where there was much less structured business."

Saxo Bank's John Hardy put the poor forecasts on the Swissie down to the nature of the unit. He said: "It is seen by the market as a safe-haven currency, so when the dollar falls

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