Swiss Franc Rises, Dollar Steadies


The Swiss step back and Fed watchers are busy - time for your Wednesday FX Fix.

Euro zone inflation is steady, and the odds of more euro-boosting interest rate hikes are diminishing. [CNBC]

The dollar fell in Asian trading as traders worried about the U.S. economic outlook. [WSJ]

A satisfactory ADP report helped steady the dollar. [RTT]

Japan's central bank has spent a record amount in a largely futile attempt to stem the yen's rise. [CNBC]

The Swiss stepped back from their pattern of currency intervention and the franc rose. [FT]

Ahoy matey! Belarus plans to let its ruble float. [WSJ]


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