Euro hits 13-month high versus Swiss franc
LONDON Jan 15 (Reuters) - The euro rose to a 13-month high against the Swiss franc on Tuesday as concerns about the euro zone debt crisis receded, prompting investors who had bought the Swiss currency as a safe haven to cut their positions.
The euro rose around 0.4 percent on the day to 1.23865 francs on trading platform EBS, its highest level since mid-December 2011.
Several major banks have revised their euro/Swiss forecasts higher in recent days, with one U.S. investment bank targeting 1.30 francs. (Reporting by Nia Williams; editing by Anirban Nag)
- First Ebola case diagnosed in the United States: CDC |
- U.S. experts hunt for Ebola exposure after first case |
- Turkey vows to fight Islamic State, coalition strikes near border
- Advanced iOS virus targeting Hong Kong protestors -security firm
- Hong Kong's embattled leader believes protests could last weeks: source |