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Markets

Dollar falls to 6-week low vs Swiss franc

Published Updated

us-dollarLONDON: The US dollar fell to a six-week low against the Swiss franc on Wednesday as investors sold the greenback on expectations that the Federal Reserve was likely to opt for more monetary easing.

The dollar fell to 0.87593 francs on trading platform EBS, its lowest level since mid-September with support seen near its 200-day moving average which comes in at around 0.8745 francs.

Copyright Reuters, 2011

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