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Whether selling half of its gold near an epic bottom or buying CHF120B of euros this year, the...

Dec. 20, 2010 1:44 PM ETFXE, FXF, FXYBy: Stephen Alpher, SA News Editor
Whether selling half of its gold near an epic bottom or buying CHF120B of euros this year, the SNB is a central bank worth fading. Its latest move has been to sell some of those euros in favor of yen, making the SNB short CHF/Yen. Bruce Krasting takes the other side of that trade.

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