This week was the best for the euro in 2011 as Greece accepted austerity required to get the bailout, spurring the shared 17-nation currency and allowing it to erase losses that the currency experienced during June.(...)
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The Canadian dollar jumped today, ending this week without losses against its US counterpart, as risk appetite, caused by the improvement of the Greek situation, spurred demand for higher-yielding currencies.(...)
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The Swiss franc dropped today against other most-traded currencies as signs of the global economic recovery and the positive changes with the debt situation in the Eurozone reduced demand for safer assets.(...)
Read the rest of No Need for Safety, Franc Becomes Less Attractive (125 words)