Swiss Franc Extends Gains vs. Euro, No SNB Intervention |
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The Swiss Franc continued to gain on the Euro in Wednesday’s trading, extending a week of very strong gains already. The EUR/CHF pair, which has been sticking to very tight trading ranges recently has seen a sharp increase in volatility once it managed to break below the 1.46 level and in the wake of the Swiss National Bank interest rate meeting. SNB Upgrades Outlook And Says Will Act to Prevent Appreciation of Franc Last Thursday, the Swiss National Bank concluded its meeting where it
Filed under: Fundamental
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