Forex | Forex | Swiss Franc weaker – thanks to SNB? (01/07/2009 11:10:29)

Swiss Franc weaker – thanks to SNB?

EURUSD: Sideways around 1.4 Swiss Franc weaker – thanks to SNB? USDJPY: 95 to 98 US dollar The EURUSD exchange rate has seen little movement in the past weeks, hovering around 1.4 and with any larger deviations being short-lived. Indeed, the underlying data would not have justified any large-scale fluctuations. The economic data on both sides of the Atlantic confirm a slow movement out of recession, which, however, has not been left yet. The US central bank did not change any of its monetary


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