Saturday, January 22, 2011

Latest Forex News

The Swiss franc rose against all other major currencies except euro today, as the traders reacted on increased M3 money supply as a sign of a probability for a stricter monetary policy in the future, despite the commentaries by the central bank president.The Swiss franc continued to fall against the euro today, as the country’s economy minister voiced a concern over the franc’s current strength.The Swiss franc rallied today against the US dollar, heading to the record, as the leading economic indicators showed the sustainable economic growth.

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