Forex – Dollar Edges Up To Daily High Against Swiss Franc
Posted on May 11, 2011 at 06:22 AM EDT
Forex Pros – The U.S. dollar edged higher against the Swiss franc for a second day on Wednesday, after Tuesday’s softer-than-expected inflation data dampened expectations that the Swiss National Bank would raise interest rates in the near future.<br /><br />USD/CHF hit 0.8812 during European morning trade, the daily high; the pair subsequently consolidated at 0.8805, [...]