(Reuters) - The Swiss franc surged on Friday on renewed speculation the Swiss National Bank will push official interest rates higher, sparking some concern that central banks may be trying to disrupt yield-seeking carry trades.
But investors hungry for higher returns continued to punish the low-yielding yen, sending it to a four-and-a-half-year low against the dollar and a record trough against the euro.
Read more at Reuters Africa
But investors hungry for higher returns continued to punish the low-yielding yen, sending it to a four-and-a-half-year low against the dollar and a record trough against the euro.
Read more at Reuters Africa
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