| 30.08.2011 - Swiss franc fades as risk appetite improves |
| Safe-haven currencies like the Swiss franc stayed under pressure in Asia on Tuesday, following a solid performance in riskier assets overnight that drove commodity currencies sharply higher. A combination of factors, including a 14 percent rally in Greek stocks sparked by merger news in the country's battered banking sector and better-than-expected U.S. consumer spending data helped fuel risk appetite..............................................Full Article: Source |