After the intervention, likely the Swiss National Bank pair euro / franc remains near the level of 1.53. However, according to analysts UBS, the Swiss Central Bank intervention will have no lasting effect. Against the backdrop of favorable economic fundamentals, believe in UBS, the Swiss National Bank will be very difficult to keep the currency at current levels against the euro over a long period of time. According to analysts of UBS, in the 3 rd quarter of a pair of euro / franc drops to a level of 1.52, while in the 4 th quarter will rise to 1.54. At this time, a pair of euro / franc traded at around 1.5295.
Friday, June 26, 2009
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