| Global Interest Rates | |||
 Australia |
7.25% | ||
 Canada |
3.5% | ||
 EMU |
4% | ||
 Japan |
0.5% | ||
 Swiss |
2.75% | ||
 England |
5% | ||
 US |
2.25% | ||
Fundamentals
CHF/USD Fundamental Outlook at 1500 GMT (EST + 0500)
CHF/USD Fundamental Outlook at 1500 GMT (EST + 0500)
The Swiss franc appreciated vis--vis the U.S. dollar today as the greenback closed at CHF 1.0350 level and was capped around the CHF 1.0405 level. Most traders expect Swiss National Bank to keep interest rates unchanged for the foreseeable future. U.S. dollar offers are cited around the CHF 1.0515 level. The euro and British pound came off vis--vis the Swiss franc as the crosses tested bids around the CHF 1.6225 and CHF 2.0560 levels, respectively.
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