Eur/chf - 1.3938 ... The single currency tumbled to a lifetime low of 1.3865 against the Swiss franc after triggering the sizeable stops below 1.4000 (traders expected SNB to be on the bid at 1.4000 but wasn't). Euro also nose-dived to a fresh 4-year low of 1.2090 b4 recovering whilst U.S. dollar fell sharply to 1.1426 versus Swiss franc. Besides, S. Korea finance minister Yoon Jeung-hyun in opening G20 remarks indicated the eurozone's debt crisis n the financial instability showed the fragility of the global recovery n more action is needed to sustain it.
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