Richard Edward Jones, Columnist

Switzerland's Summer of Pain

Increasing demand for a safe haven is sending the franc up -- again
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The European Central Bank is struggling to revive the region's economy, Britain and Greece are moving closer to leaving the European Union -- and Switzerland is feeling the pain.

The franc has been climbing, again. Since hitting a low of 1.12 against the euro on Feb. 3, the currency has gained almost 3 percent, and is now trading just below 1.09.