The Swiss franc touched the strongest level against the euro since the Swiss National Bank abandoned a currency cap almost nine years ago, as traders bet the European Central Bank will move faster to cut interest rates. The franc climbed to 0.94087 per euro, the strongest since January 2015, before erasing the gains. It topped the peak set when the SNB roiled global financial markets with its unexpected move to end limits on how its currency traded against the common currency, which sent the franc soaring. Now, however, the move reflects a shift in interest-rate expectations. Investor confidence is growing that the ... (full story)