Swiss franc near intervention level

Posted by 7Star Friday, March 5, 2010

The Swiss franc pulled back against the dollar on Thursday after hitting a two-week peak the previous session, but remained rangebound against the euro as traders looked to the ECB for clues on European interest rates. The European Central Bank is set to keep interest rates at a record low 1 percent in Thursday's monthly meeting, but more importantly traders are looking for details on how the ECB will withdraw from emergency lending.

0 comments

Post a Comment

Labels

Followers

Archive

BlogCatalog