Published: Monday, 8 Aug 2011 | 8:33 PM ET
By: Reuters
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
The dollar fell to an all-time low near 0.7480 Swiss francs [CHF=X 0.751 -0.0038 (-0.5%) ], while the euro plumbed around 1.0640 francs [EURCHF= 1.0646 -0.0055 (-0.51%) ]. They last traded at 0.7550 and 1.0702 francs respectively.
Against the yen, the dollar slipped to 77.57 [JPY=X 77.23 -0.56 (-0.72%) ] from above 80 yen just last week, while the euro slid to around 110.00 yen [EURJPY= 109.47 -0.81 (-0.73%) ] from recent highs around 114.00.
"At this stage I suspect market concern outweighs the threat of intervention (by Swiss and Japanese authorities)," Grant added.
The common currency also lost ground on the greenback, falling to $1.4129 [EUR= 1.417 -0.0001 (-0.01%) ] from a session high around $1.4400 on Monday. It was last at $1.4173.
Against the yen, the dollar slipped to 77.57 [JPY=X 77.23 -0.56 (-0.72%) ] from above 80 yen just last week, while the euro slid to around 110.00 yen [EURJPY= 109.47 -0.81 (-0.73%) ] from recent highs around 114.00.
"At this stage I suspect market concern outweighs the threat of intervention (by Swiss and Japanese authorities)," Grant added.
The common currency also lost ground on the greenback, falling to $1.4129 [EUR= 1.417 -0.0001 (-0.01%) ] from a session high around $1.4400 on Monday. It was last at $1.4173.
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
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