Category: Currency Currents
- Published: 02 July 2010
- Written by Editor
Key News
Switzerland’s central bank may have to consider resuming its battle with currency markets after the franc surged against the euro within two weeks of policy makers ending attempts to counter gains, economists and investors say. (Bloomberg)
Swissie on a tear for sure against the US dollar…hesitating at the 61.8% retrace from Nov ’09 low today, as speculators take the SNB seriously it seems, especially after this move…