Franc Falls Versus Euro as SNB Tries to Prevent Gains

http://www.freshpips.com/EUR/Franc_Falls_Versus_Euro_as_SNB_Tries_to_Prevent_Gains/

Shared by Henry

Another possible intervention by SNB today as reported in this blog. See how EUR/CHF traded on your chart today to verify.

The Swiss franc fell versus the euro on the speculation that the central bank was performing the selling of the currency to prevent its excessive appreciation because of the slowing economic recovery.

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