EURCHF At Its Seven-Week Low
The CHF hit a seven-week high against the EUR today, as investors flocked towards safe havens on worries that Britain will vote to leave the European Union at a referendum in two weeks' time.
Though odds offered by betting websites and bookmakers point towards a vote for Britain to remain in the EU, polls have not offered a clear picture of what the outcome of the June 23 ballot might be. Investors worry that a Brexit would weigh on the economies of not just Britain, but the rest of Europe too.
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Though odds offered by betting websites and bookmakers point towards a vote for Britain to remain in the EU, polls have not offered a clear picture of what the outcome of the June 23 ballot might be. Investors worry that a Brexit would weigh on the economies of not just Britain, but the rest of Europe too.
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