All Entries Tagged With: "usd"
Lower US dollar and strong Swiss franc
The US dollar is lower but Swiss franc is strong in light post-Christmas trade Tuesday. Dollar is weak because there is not much happening – lack of fresh positive U.S. economic data, a factor that has been a major driver of recent dollar strength. Traders are trimming some of their recent bets ahead of year-end.
On the other hand the Swiss franc is strong today against its