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Swissy off highs ahead of Eurogroup conference
20 Şubat 2012 Pazartesi 22:17

Swissy off highs ahead of Eurogroup conference

The Swiss Franc is well bid against the common currency and against its American counterpart, with EUR/CHF having printed a session low at

1.2063 from an earlier 6-day high of 1.2100 this Monday, and with USD/CHF threatening to break below the 0.9085 area (new 2012 base) to print fresh 3-month lows, last at 0.9110 from 0.9183 late Friday in NY. The CHF strength is reported to be fix related while investors await the outcome of the Eurogroup meeting later today - a press conference to announce the results of the meeting is scheduled at 21:00GMT.

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