Currency rates forecast: Swiss franc weighs dollar

Swiss franc U.S. presses the monthly minimum

In brief: The Swiss franc is becoming stronger with each passing day. The level of support of the Swiss franc against the dollar is rising.

The dollar fell to one-month low against the Swiss franc in trading on Friday. This movement was due to the overall dynamics of a rising franc, formed after the announcement of the National Swiss bank decision on monetary policy.

The dollar fell to 1.1090 per franc. This is the minimum level of 13 May. Also, the Swiss currency rose against the euro, despite the fact that the Central Bank of Switzerland intends to closely monitor the dynamics of the currency and prevent its excessive consolidation.

Ukrainian Globalist
2010-06-18 17:22, Currency news.

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