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JPY Daily News

Franc Sees Mixed Trading Amid a Return to Risk Taking

Wednesday, 4 Jan 2012

The positive news out of the UK yesterday resulted in a mixed session for the Swiss franc, as it was able to make gains against the USD and JPY while taking losses against the euro and pound. While investors did move their funds to riskier assets, they were unwilling to completely abandon the safe-haven's which helped the franc against the dollar and yen.

Today, traders will want to pay attention to the news out of the UK and euro-zone. Any further positive news may result in the franc taking further losses against riskier currencies like the euro, pound and Australian dollar. That being said, the franc's safe haven status may help it against the US dollar.

Current Time: 05/27 01:14 GMT
# Time $€£¥ Event Per. Prev. Fore. Act. Imp.
01/04
23:50JPY+ Monetary Base y/y19.5% 20.3% 13.5% 1
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