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| | | | DailyFX Delivered To You: Daily Fundamentals Article Thank you for signing up for DailyFX research. Please see below for today's Fundamentals article: - Safe Havens Gain Despite SNB Threat as Equities Continue Slide
The Japanese Yen and the U.S. Dollar were the strongest performing currencies in the Asian and European sessions as the Federal Reserve’s shift in monetary policy to keep interest rates at historic lows until at least “mid-2013” failed inspire confidence in investors. - Forex: Swiss Franc Rally Threaten By SNB, Euro Weakness Ahead
The Swiss National Bank announced it will step up its efforts to stem the ‘massive overvaluation’ in the franc, but the flight to safety may impede on the renewed efforts as market participants continue to look for an alternative to the reserve currency. Reminder, you will receive daily e-mails with the latest Fundamentals Article. Visit the DailyFX forum to ask our DailyFX analysts questions, share your thoughts on this article, or talk with other traders. Want more news? Sign up for additional newsletters. Have questions or comments about this article? You can contact our research team at research@dailyfx.com. Best regards, DailyFX Financial Square 32 Old Slip, 10th Floor New York, NY 10005 Tel 1-212-897-7660 Fax 1-212-897-7669 research@dailyfx.com | | | | | | | |