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Currencies – Franc Goes Higher While Stocks & Commodities Fall

Posted on: May 4, 2011

The Swiss franc profited from the decline of equities and commodities and gained against all other major currencies, bolstered by demand from Forex market participants for a safe haven. The Standard & Poor’s 500 Index fell 0.2 percent, following the previous 0.5 percent drop. The Reuters/Jeffer

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