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.
Commentary
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 …
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