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View Full Version : Franc Rises to Record as U.S. Budget Impasse, Europe Debt Spur Refuge Bid - Bloomberg



NewsWhore
07-30-2011, 12:10 AM
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Franc Rises to Record as U.S. Budget Impasse, Europe Debt Spur Refuge Bid (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNErmnabCMq17vWsA5zZSpsSXIBPww&url=http://www.bloomberg.com/news/2011-07-30/franc-rises-to-record-as-u-s-budget-impasse-europe-debt-spur-refuge-bid.html)
Bloomberg
“In the safe-haven mode, you&#39;re seeing the Swiss franc and yen strengthen,” said Brian Taylor, chief currency trader at Manufacturers & Traders Trust in Buffalo, New York. “There&#39;s a lot of negativity toward the US right now, and we&#39;re seeing the GDP ...

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