Mittwoch, 24. Juni 2009

Intervention or not - is that the question?

...and here we go again. eur/chf at around 1.5010 and suddenly its up to 1.5200 in some minutes. SNB spokesman declines to say if SNB interrvened or not. Thats not the point anyway. If its the SNB or the tooth fairy, everytime this pair reaches the 1.50 level....

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