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Swiss Franc Falls After Hitting Record vs. Dollar, Drops vs. Euro

The Swiss franc slipped today against the euro after Axel Weber said that the European Central Bank should end its bonds-purchase program. The franc also fell after reaching the record high level versus the US dollar.

Britain’s Pound Goes Higher after Japan’s Intervention

The Great Britain’s pound advanced today after the Japanese government performed the intervention to stem the yen’s gains, increasing the attractiveness of the currencies, perceived to be riskier.

Swiss Franc Reaches Parity with US Dollar as Growth Concerns Rise

The Swiss franc reached parity with the US dollar today for the first time since December 4th 2009 as the demand for the safety grew on the concerns for the global recovery and the stocks declined.

Dollar Remains Bearish as Stocks Rally

The U.S. dollar entered another day of losses versus most of the 16 main traded currencies as stocks worldwide continued to rally, raising investors’ confidence to purchase assets in emergent-markets and other higher-yielding options.

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