The Swiss franc appreciated to cross $0.905 on Friday, close to the highest level since August 31st, amid safe-haven demand as coronavirus cases continue to spread across the globe and especially in Europe. Meantime, the dollar weakened as investors digest the latest presidential debate and stimulus talks. For the week, the Swiss franc is heading for a more than 1.1% gain.
Historically, the Swiss Franc reached an all time high of 4.32 in January of 1971. Swiss Franc - data, forecasts, historical chart - was last updated on October of 2020.
The Swiss Franc is expected to trade at 0.91 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 0.92 in 12 months time.