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View Full Version : Franc Reverses Gain Versus Dollar as Buffett Buys Bank of America Shares - Bloomberg



NewsWhore
08-25-2011, 12:30 PM
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Franc Reverses Gain Versus Dollar as Buffett Buys Bank of America Shares (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEaDd2oOVjcB7XiFF7_agytGFXCAA&url=http://www.bloomberg.com/news/2011-08-25/franc-reverses-gain-versus-dollar-as-buffett-buys-bank-of-america-shares.html)
Bloomberg
“Buffett&#39;s investment in Bank of America helps to calm the market and boosts risk sentiment, and that may have weighed on the franc,” said Lee Hardman, a currency strategist at Bank of Tokyo-Mitsubishi UFJ Ltd. in London. ...

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