Swiss Franc Weakens to Two-Week Low Against Dollar and Euro
The franc weakened against the dollar and euro as expectations for a Federal Reserve rate increase in December rose, following U.S. inflation data and remarks from Fed Governor Christopher Waller.
The Swiss franc weakens to a two-week low against the dollar and the euro, dented by heightened expectations for interest-rate increases by the Federal Reserve in December. Higher-than-expected U.S. inflation data and remarks from Fed governor Christopher Waller on Tuesday boosted December rate-hik…