Ultimately, Swiss franc direction will come from the European news cycle and broader risk trends which currently are stacking up against the currency.

Fear makes you do things you don’t want to do. It makes you cut expenses, cut projects, and cancel vacations. All the things you knew you should do but really don’t want to do.

Today, we look briefly at a few innocent paragraphs that could simply kill the job-creation engine of the US.

Even the simplest systematic strategy can carry unintended risk.

The US dollar finished the week roughly unchanged against other G10 counterparts, but a key surge through Friday’s S&P 500 declines leaves short-term momentum in favor of further dollar appreciation.

The euro failed to maintain the rebound from the monthly low and slipped back below the 50-day moving average as investors held a cautious outlook for the region.

The Japanese yen is likely to continue looking to stock markets as the dominant driver of price action amid another busy week of first-quarter earnings reports and the apparent return of acute uncertainty over the sovereign debt crisis inside the European Union.

The British pound erased most of the gains that it built during the past week at the end as a surge in risk aversion saw sterling lose ground against the safe haven dollar and yen.

The Swiss franc started the past week on a strong note as numbers were put to an IMF-Euro member bailout for Greece, easing concerns that the troubled nation would default on their debt.

When will the de-leveraging bust resume?