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The euro/Swiss franc cross continues a big move higher, touching CHF 1.2046 as the SNB declines...

The euro/Swiss franc cross continues a big move higher, touching CHF 1.2046 as the SNB declines to comment on speculation it is considering raising the CHF 1.20 floor. These occasional rumors are helpful to the SNB, perhaps allowing the bank to unload some of its vast stash of euros at prices higher than it bought them for.
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