Daily Forex News

Wednesday, the Swiss franc showed strength against the currencies of US, Europe and UK. The franc thus jumped to new multi-day highs against the pound and the euro. Meanwhile, the franc recovered from a new multi-week low against the yen.

Wednesday, the Swiss franc showed strength against the currencies of US, Europe and UK. The franc thus jumped to new multi-day highs against the pound and the euro. Meanwhile, the franc recovered from a new multi-week low against the yen.

During early European deals on Wednesday, the British pound pared the gains it posted in Asian trading against the currencies of US and Japan. The pound thus slumped to a new record low against the yen and a new multi-year low against the dollar on concern the U.K. recession will deepen. Against its European and Swiss counterparts, the pound remained down today and touched a 16-day low.

During early European deals on Wednesday, the British pound pared the gains it posted in Asian trading against the currencies of US and Japan. The pound thus slumped to a new record low against the yen and a new multi-year low against the dollar on concern the U.K. recession will deepen. Against its European and Swiss counterparts, the pound remained down today and touched a 16-day low.

Wednesday, the Indian rupee plunged to a 13-day low against the US dollar as losses in local shares increased prospects of more capital outflows.

Wednesday, the Indian rupee plunged to a 13-day low against the US dollar as losses in local shares increased prospects of more capital outflows.

Wednesday morning in Asia, the US dollar showed weakness against its European counterparts. The dollar thus dropped from a new multi-year high against the pound and a new multi-week high against the euro. On the other hand, against the yen, the dollar recovered from a new multi-day low during this time.

Wednesday morning in Asia, the US dollar showed weakness against its European counterparts. The dollar thus dropped from a new multi-year high against the pound and a new multi-week high against the euro. On the other hand, against the yen, the dollar recovered from a new multi-day low during this time.