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Currency Intervention Part 2: Swiss National Bank at it Agai

posted by Avatar fx360 1455 days ago in EUR, CHF, Technical made popular 1455 days ago

The Swiss National Bank is in the markets this morning buying both EUR/CHF and USD/CHF. No matter what the central bank has said about not focusing on a "fixed threshold," 1.50 is the line in the sand. EUR/CHF fell to a low of 1.5007 on Tuesday evening, ringing alarm bells throughout the SNB. This is the third time since March that the central bank
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