Menu

Search

  |   Commentary

Menu

  |   Commentary

Search

CHF review

Western Union notes: 

Great deal for the CHF buyer so put them on today's priority call list. The Swiss franc took a spill after the nation's central bank chairman sounded dovish on area policy and hawkish on the outlook for U.S. interest rates. 

Thomas Jordan would like to see the Fed raise interest rates 'ASAP.' Mr. Jordan also fired a warning shot to markets that he still considered the franc overvalued. 

Losses for the franc could prove short-lived as haven currencies like the Swissie stand to benefit from uncertainty related to the Greek debt situation. 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.