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Following Swiss Lead, Japanese Move to Stem Yen Strength
Thursday, August 4, 2011 - 6:48am | 200A day after Switzerland acted to weaken the Franc, Japan moved Thursday to tame the Yen's strength by selling one trillion Yen, or more than $12 billion. Japan's action today sent the dollar up against the Yen and most major currencies, including the Euro and Pound Sterling. Finance officials have...
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Hide In The Swiss Franc
Tuesday, July 5, 2011 - 4:09pm | 189With concerns about the U.S. debt ceiling and European bailouts continuing to persist, many investors are looking for ways to hedge against the falling euro and greenback. Gold has become a popular investment for many, but it's not the only game in town. One answer could lie with the Swiss Franc...