Swiss franc rises to highest level against euro

The Swiss franc continues to gain value as a safe currency. On Tuesday, one euro was worth only 0.09165 francs and a dollar only 0.0600 francs.

The euro also rose significantly against the US dollar by the end of the afternoon and is currently being traded for $1.1963.

The decline of the US dollar was recently accelerated by new US economic data: According to these reports, American consumers' trust has fallen to the lowest level since 2014. Private consumption is of great importance to the American economy.

The euro has also clearly lost ground to the Swiss franc, and, meanwhile, has failed to take into account 2015's turbulences as well reached a new minimum of 0.9165 francs. /Periscopi