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Currency Analyst since 2010

EUR/CHF: higher on SNB's comments

  • EUR/CHF rose as SNB’s Jordan said that the central bank could take additional measures to enforce CHF cap. The rates in Switzerland won’t be increased anytime soon.
  • Tight ranges prevail, albeit at higher levels following yesterday’s rally.
  • Demand touted at 1.2060, 1.2055/50. Offers 1.2080/85, again into 1.2100.

 

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