Swiss Franc Shone in Risk Averse Markets, Dollar Extended Rebound Risk sentiments were mixed initially last week but bears finally won the tie after poor economic data release from US. Looking at the week as a whole, Canadian dollar was the weakest currency as unexpected drop in core CPI cooled speculation of more immediate rate hike from BoC. Euro came as the second weakest currency after dovish comments from known hawk Weber. Yen, managed to gain broadly but the strength was relatively limited as traders were bothered by continuous speculation on additional easing measures from BoJ. Meanwhile, Swiss Franc was indeed the strongest currency, riding on record trade surplus, strong export data and expectation that SNB won't turn the intervention engine back on. Full Report Here... | 
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