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USD/CHF Daily Fundamental Analysis for August 5, 2011

posted by Avatar FXEmpire 653 days ago in USD, CHF, Fundamental made popular 653 days ago

On Thursday, the Swiss franc continued its drop against the dollar, where the pair was still affected by the unexpected rate decision and interventions by the Swiss National Bank (SNB). The SNB cut the three-month Libor interbank rate; in addition, policy makers said they would increase the supply of francs in the market over the next few days....
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