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Swiss National Bank Floats Idea of Peg, CHF Rallies Strongly

posted by Avatar FXTimes 289 days ago in CHF, Fundamental, Sentiment

The idea of the Swiss National Bank pegging the Franc to the Euro is one of the more stronger policy responses available to the Swiss authorities, but one that comes with inherent risks and loss of independence and sovereignty. It's a tricky preposition and it means that the SNB would be pretty much committed to intervening on a daily basis. While
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