Tuesday, August 9, 2011

The Swiss franc surged to new all-time highs against the euro

A one Euro and one Swiss Franc coins are seen in this illustration picture in Lausanne August 9, 2011. The Swiss franc surged to new all-time highs against the euro and the dollar in volatile trade on Tuesday, while the Japanese yen held firm as concerns about a global slowdown and a rout in stock markets drove investors to seek safe-haven currencies.

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