Swiss franc retreats

28 Sep, 2010

The Swiss franc eased from the previous session's 30-month peak against the greenback, but further losses were limited as some in the market speculated the US central bank might resort to further easing measures. Earlier on Monday, the dollar had hovered near eight month lows against a basket of currencies.
The franc was down some 0.4 percent against the dollar compared to Friday's New York close, trading at 0.9865 per dollar. Against the euro, the franc also fell, trading at 1.3284 per euro.

Read Comments