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Franc strengthens further

Wednesday, 28 January 2026 06:30

The Swiss franc is on a roll.

Yesterday, the dollar briefly sank to just over 77 centimes - its lowest level ever outside the 2015 shock -  while the euro also slipped below 92 centimes. 

So far, the Swiss National Bank is staying out of the market, watching volatility rather than exact levels. 

Analysts say the pressure is coming mainly from the dollar. 

All eyes now turn to the US Federal Reserve, meeting this week, with no rate cut expected, but possible signals on who could replace the head, Jerome Powell.

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