EURUSD hits 1.46 |
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Swiss franc moving sideways Euro weakens, also vs. yen US dollar The US dollar rallied in the past few weeks the likes of which haven’t been seen in a while. A similarly vigorous movement took place last in February and March, however, in the other direction. At the time, the financial market crisis and the rapid pace of interest rate cuts in the US created pressure on the USD. The situation in the US has not improved since then, but has rather at best stabilized. By contrast, in Euroland the
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