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Finance: The “Carry Trade” Drives the Swiss Franc and Japanese Yen to New Heights

The slowness of the FED and the ECB to lower their key rates is becoming increasingly blatant while the Bank of Japan and the Swiss National Bank have already taken a lead. These two, with their extremely low rates, favor a dynamic economic activity. The Swiss franc and the yen are benefiting, while speculation is soaring. Let’s now dive into the heart of the matter.