Royal Bank of Scotland: FOREX

12.03.2009 (08:34)
According to analysts of Royal Bank of Scotland Group, the forecast for the Swiss franc is gradually deteriorating due to the reduction of world trade. Also, growing concerns about exposure to the Swiss banks the impact of financial crisis. Frank had already lost its status as the currency of refuge and are now in danger of further decline. In contrast to the currency of Switzerland, the Swedish krona, in contrast, may strengthen the position because of the likelihood of rising inflation in Sweden. "So, buy and sell franc crown" - the analysts Royal Bank of Scotland
 
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