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Today's All Things Forex Broadcast: Will the SNB Move the EUR/CHF Floor Higher?

|Includes: SPDR Dow Jones Industrial Average ETF (DIA), EEA, GBB, GOLD, JYN, UDN, USD

In the broadcast today: Will the SNB Move the EUR/CHF Floor Higher? In the aftermath of the European Central Bank and the Bank of England monetary policy meetings, we turn our attention to another major central bank and ponder if the Swiss National Bank might confirm the rumors that it is considering moving the EUR/CHF exchange rate floor higher from 1.20 to 1.30, we analyze the latest trend developments with the EUR/CHF and USD/CHF currency pairs, we note the weakening in the EUR/USD currency pair despite of the ECB refraining from cutting rates, we examine the anticipated drop in the GBP/USD pair as a result of the Bank of England's decision to expand its Asset Purchase Program, we highlight the market's reaction to the European Central Bank and the Bank of England interest rate announcements, the Swiss CPI, and the U.S. Jobless Claims, we discuss new forecasts from Bank of New York-Mellon, Commerzbank and UBS, and prepare for the trading session ahead.

 

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