Swiss Franc’s Haven Run Seen Nearing SNB Intervention Threshold

After soaring as a global safe haven bet, the Swiss franc is wrapping up a volatile week against the euro with speculation the Swiss National Bank has intervened to curb the currency’s strength.

The franc is heading for its ninth weekly gain in 10, the best streak in two years. It has benefited from haven demand as the dollar, the yen and the euro have been losing their appeal over US trade policies, political uncertainty from Europe to Asia and global fiscal woes.