04.10.11

Bernanke speech and rumours of SNB intervention sends euro bid

The single currency has posted a mild recovery this afternoon taking back a cent against both the dollar and euro in the wake of Fed Chairman Ben Bernanke’s speech which is still ongoing. There were also rumours of more Swiss intervention in the EUR/CHF currency pair which saw the euro post a cent gain verus its Swiss cousin. Email or call your broker for any comparison quotes.