44 days ago • Posted by William Ramstein
US Dollar rises 5% against the Swiss Franc, 4% vs. Yen.
The USD should be on your radar this week, as it made itself known throughout the day yesterday, rising strongly against most currencies including further gains against the CHF and JPY. Over the past two weeks, the USD rose by 4% against the JPY and 5% against the CHF, as real rates in the US become too high for traders to ignore compared to the much lower returns in Switzerland and Japan - could the euro follow suit? Source: MacroMarketsDaily.com