Reuters: Euro Hits Multiweek Lows, Breaks 1.20 Francs Floor

From Reuters Broad euro selling led the euro to dip below 1.20 Swiss francs for the first time since the SNB set that level as a cap for the Swiss currency in September 2011 in a bid to curb a sharp rise caused in part by investors fleeing the euro. The euro hit a low of 1.1992 francs, according to Reuters data, before recovering to last trade at 1.2014. Traders said the SNB was buying euros...