The Swiss franc continued its downward journey against the euro as currency trading started again this morning.
The euro soared to its highest level for the past two months, passing the 1.18 franc mark.
Over the past three weeks the euro has climed roughly 18 percent against the franc after dwindling to parity on August 9—its lowest level ever—prompting the Swiss National Bank to pump more money into the market on three separate occasions.
The dollar also gained ground against the franc this morning, trading at 81 cents. Three weeks ago the greenback plummeted to just 70 cents.
