The Swiss franc gained today as many traders remained unconvinced about ability of the European leaders to find a cure for the region’s failing economy, driving Forex market participants to the perceived safety of the Swiss currency.(...)
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An apparent split between France and Germany on the subject of the EFSF has been causing problems in getting a deal done to contain the sovereign debt crisis. However, eurozone leaders are now saying that the two countries are in full agreement. The euro is a bit choppy today, on all the conflicting reports.

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The Canadian dollar dropped today as the speculation that the rescue fund of the European Union won’t be boosted, making traders unwilling to buy currencies with higher potential yield, but also with higher risk.(...)
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