Central Bankers Seek a Dollar Bottom; Bonds Favored Over Stocks?

The Bank of England last week made comments regarding some recent weakness in the British pound. It was seen as a potential boost to the UK economy as they’d love to resuscitate what external demand for their exports, albeit a relatively small portion of their economy.

There seems to be ongoing concern from the Swiss National Bank that the value of the franc is becoming too high, versus the buck and the euro. It has been stated that they will use the franc to help guide monetary policy.