The Swiss Franc Is Hot, The Dollar Is Not


Switzerland spells safety - today - and the European Central Bank is scolding political leaders. Here's your daily FX Fix.

Sorry, dollar traders. The Swiss franc is the safe-haven currency du jour for nervous investors. [Reuters]

The Bank of England released minutes of its February Monetary Policy Committee meeting, and then there were three. Interest-rate hawks, that is. The pound was up on the news, and here's what economists think. [BBC, Guardian]

Emerging-market currencies are holding up even as investors get nervous about the upheaval in the Middle East. Expect interesting times for investors in JP Morgan's new emerging-markets currency fund. [Reuters, WSJ]

European Central Bank to European leaders: clean up your acts - or the euro gets hurt. [NYT]


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