Dollar: All Time Low vs. Swissy
April 26th, 2011Via: AFP:
The euro struck a 16-month high against the dollar and the Swiss franc notched a record high versus the US unit Tuesday amid heightened investor nerves over this week’s busy economic calendar.
The European single currency hit $1.4653 in morning trade, the highest point since mid-December 2009, as many dealers returned from a long holiday weekend. It later stood at $1.4619, compared with $1.4572 late in New York on Monday.
The dollar meanwhile tumbled to an all-time low point of 0.8745 Swiss francs.
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