Swiss franc pulls back from fresh high

Posted by 7Star Friday, January 22, 2010

The Swiss franc gave back some of the previous day's gains against the euro on Friday after it hit a fresh 10-month high on Thursday as Greece's fiscal woes and weak equities weighed on the single currency. The franc strengthened slightly against the dollar in early trading after overnight weakness on Wall Street sent the Dow Jones Industrials Average down 2 percent, its biggest one day drop since October.

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