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Not responding to the idea of central bank intervention is the euro/Swiss franc cross, still...

Not responding to the idea of central bank intervention is the euro/Swiss franc cross, still hugging a line just a fraction above the SNB's CHF 1.20 floor. If and when the EU's spreading crisis truly stops or even slows, one would expect pressure on the pair to come off.
Comments (2)
  • bbro
    , contributor
    Comments (9313) | Send Message
     
    Since SA's great post on Swiss yields...I have started following the 2 year Swiss note....at the minimum this needs to get back to a zero yield...Negative .32 today
    15 Jun 2012, 07:32 AM Reply Like
  • remurraymd
    , contributor
    Comments (2287) | Send Message
     
    SNB will hold the line little trading potential in (FXF)
    Too manipulated we exited to (GLD) months back.
    15 Jun 2012, 08:47 AM Reply Like
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