Forex – USD/CHF Hits Daily Low As Fed Rate Outlook Weighs
Posted on May 09, 2011 at 04:32 AM EDT
Forex Pros – The U.S. dollar was lower against the Swiss franc in quiet trade on Monday, erasing gains from last week after better-than-expected U.S. jobs data gave the greenback a boost<br /><br />USD/CHF hit 0.8733 during European morning trade, the daily low; the pair subsequently consolidated at 0.8742, shedding 0.56%.<br /><br />The pair was [...]