The Swiss may not like the strong franc, but they could be stuck with it for a while.
The hosts created the first meaningful chance when a Roberto Alviz pass landed at the feet of Franc Velui but the defender could not direct his effort on target.
Tickets are often hard to come by, and, make no mistake, this is not an event driven exclusively by tourist dollars (or the Pacific Franc) but one that is committed to preserving local culture and identity, and the dancing continues with a proud energy well into the small hours, long after weary holiday makers have retreated to bed.
Easy to see French and the Swiss franc as separate from, but swappable with, English and the dollar.
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The other two safe haven currencies, the low yielding Japanese yen and the Swiss Franc will likely benefit immediately from the news, but there is a possibility that either country would adopt macroeconomic measures to curb inflows into their currency in order to avoid fast valuation.
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These included the same three grapes that Mr. Goldstein mentioned but a few others as well, namely Cabernet Franc, from the Loire, and Frappato, a red grape native to Sicily.
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But once speculators became convinced that the SNB would prevent the franc from appreciating, there was no longer any opportunity for speculation, so speculation stopped.
But I wouldn't bet against Oldenburg's straight Cabernet Franc joining the fray, either.
The dollar weakened not only against gold but also against other currencies, such as the yen, the Swiss franc and the pound.
The safe haven status of the franc has caused a dramatic surge in the currency, not only against the US dollar but also against the euro.
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