Debt Deal Has Doubters, Swiss Franc Shines


Economic data disappoints, the euro debt deal has doubters, but the Swissie is soaring — time for another FX Fix.

Disappointing job numbers are pulling down the dollar. [Reuters]

Strong Swiss economic data just keeps coming, and the Swiss franc just keeps rising. [WSJ]

The euro has been trading all over the place amid both news and rumors about a possible sovereign debt deal. [WSJ]

The British pound took a hit after disappointing economic data made traders question the likelihood of an interest rate hike anytime soon. []

The Indian rupee hit a three-week high against the dollar before sliding back, paralleling the euro's moves. [WSJ]

So really, how is European Central Bank President Jean-Claude Trichet doing? It's complicated. [NYT]


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