Swiss Franc Plunges To New Multi-day Lows Against Dollar And Yen
Monday during early deals, the Swiss franc tumbled to new multi-day lows against its US and Japanese counterparts. But the franc showed strength against the currencies of Europe and UK. The franc thus jumped to an 18-day high against the euro.
Dollar Rises To 12-day High Against European Majors
In early deals on Monday, the dollar soared to a 12-day high against its UK, European and Swiss counterparts as concerns about the global economy prompted investors to seek the safety of the world’s most liquid currency.