(Bloomberg) -- The Swiss franc headed for a weekly
gain against the euro, snapping a four-week losing run, as
central bank policy makers indicated they may raise interest
rates to curb inflation.
The franc gained for a fifth day versus the euro after Swiss
National Bank President Jean-Pierre Roth and policy maker Thomas
Jordan said they're watching the impact of the franc's weakness
on inflation. The currency also rose before data that'll probably
show the country's leading economic indicators rose for a fourth
straight month in May.
Read more at Bloomberg Currencies News
gain against the euro, snapping a four-week losing run, as
central bank policy makers indicated they may raise interest
rates to curb inflation.
The franc gained for a fifth day versus the euro after Swiss
National Bank President Jean-Pierre Roth and policy maker Thomas
Jordan said they're watching the impact of the franc's weakness
on inflation. The currency also rose before data that'll probably
show the country's leading economic indicators rose for a fourth
straight month in May.
Read more at Bloomberg Currencies News
No comments:
Post a Comment