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Your Source for Daily FOREX Market News and Analysis (Daily FX)

6th February 2010

Your Source for Daily FOREX Market News and Analysis (Daily FX)

The Swiss Franc finished the week marginally higher against the Euro despite clear and aggressive forex market intervention by the Swiss National Bank. Extremely fast CHF declines against its Euro Zone counterpart (EUR/CHF rallies) emphasized that the central bank is yet unwilling to allow major Swiss Franc appreciation against the Euro, but continued EUR/CHF tumbles seem likely to further test …

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