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What’s Happening With Currencies – January 10, 2012
30Currency volatility is relatively low on the day, with most of the majors vying between losses and gains. The only outstanding gains have been made by commodity currencies – with
Swiss Franc Trades At 3-Month High Against Euro
30Following the resignation of Swiss National Bank President Philipp Hildebrand, the Swiss franc has gained for the second straight session – rising to a 3-month high against the Euro. Currently,
Merkel, Lagarde To Meet Regarding Debt Crisis
30Following her meeting with French President Nicolas Sarkozy yesterday, German Chancellor Angela Merkel is scheduled to meet with IMF Managing Director Christine Lagarde this afternoon. The meeting, set in Berlin,
France Dodges Fitch Downgrade, Euro Stabilizes
30The euro stabilized above the 1.2700 exchange rate against the US dollar in the New York morning following comments from Fitch Ratings agency on France’s potential downgrade. Currently at 1.2775
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