Market Currents
Action may be coming from the SNB tonight, writes George Dorgan, with the most interesting...
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Wednesday, May 30, 2012, 4:52 PM ETAction may be coming from the SNB tonight, writes George Dorgan, with the most interesting possibility being the bank taking pressure off itself by lowering the euro/franc floor to CHF 1.10. The SNB has been at least one of the factors propping the euro. Lowering the floor seems unlikely, but parity with the dollar is coming soon if it happens.
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