Comments chapters Swiss National Bank, Jean-Pierre Roth caught the bears on the euro / franc for testing bidov located near the minima of the session in an area Chf1.5060/50, and forced them to withdraw hastily, leaving a pair of sharp rushed skyward. Statements by Heads of SNB that the deflationary risks remain high, and the impact on the exchange rate is a powerful tool for avoiding deflation triggered breakthrough euro / franc to a maximum session near Chf1.5108, and although so far a couple has adjusted to Chf1.5082, mood on it has improved somewhat.
Wednesday, May 6, 2009
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