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1. On July 8th, the Swiss franc was $1.06572, but was $1.05440 a month prior. Are these direct or indirect quotes? By how much did

1. On July 8th, the Swiss franc was $1.06572, but was $1.05440 a month prior.

  • Are these direct or indirect quotes?
  • By how much did the Swiss franc (CHF) appreciate or depreciate against the U.S. dollar (USD) over this period?
  • By how much did the USD appreciate or depreciate against the CHF over this period?

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