Mid-Day Report: Swissy Franc Makes New Record High against Euro, Quiet Elsewhere

by Action Insight (All Reports) on June 28, 2010

Markets are generally quiet today except that Swissy Franc is lifted by comments from SNB board member Jean-Pierre Danthine and jumped to new record high against Euro. Danthine echoed recent SNB comments that "deflationary trends have practically disappeared." Also, he said that Swiss exports had proven to be robust despite