Swiss Franc and Japanese yen were the major winner last week and another round of risk aversion moves. We had DOW, FTSE and Nikkei, as well as some other major stock indices made new 2010 low. Commodity currencies were hardest hit with respective yen and swiss crosses weakened 5-6%. European
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Weekly Review and Outlook: Swiss Franc and Japanese Yen Shone as Stocks Tumbled. …
– July 4, 2010Posted in: Forex Daily Outlook