Photo by Daniel Cox on Unsplash The currency market, also known as the foreign exchange market, has recently reached a significant milestone with the exchange rate of the Swiss franc against the euro rising to the so-called “parity”. This means that now one Swiss franc can buy one euro. Ten years ago, you would have needed one and a half francs to buy one euro. We can certainly recall an episode that occurred back in 2015 when the Swiss franc briefly jumped by more than 20% in a single day. But it was just an episode in history (see Figure…...
How to Become Rich the Swiss Way: Applying Macroeconomics and Geopolitics to Your Life and Financial Strategy
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