Donnerstag, 29. Januar 2015

FOREX-Dollar firm post-Fed, franc eyed for intervention

The franc sank to 1.0430 francs per euro in morning trade in Europe, by far its weakest since the SNB triggered the most violent move in a major currency in four decades by dumping its cap on the franc two weeks ago. Morgan Stanley's head of European FX strategy Ian Stannard said he believed the Swiss were moving to a "dirty float" where they will intervene regularly under a framework built ...

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