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Negative SNB Undermines Franc

Discussion in 'Fundamental Analysis' started by ActionForex.com, Dec 11, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The very negative National Bank assessment of conditions will maintain a lack of confidence in the Swiss economy and currency. The Swiss currency found support on dips towards 1.21 against the dollar on Wednesday and strengthened through the 1.20 level as the US currency had a generally weaker tone. The...

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