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Switzerland caps franc

09/06/11

Permalink 02:19:08 pm, by editor of MarketObservation.com Email , 32 words   English (US)
Categories: Behavioral Finance

The expected happened. Switzerland caps franc at EUR/CHF 1.20. As purchase price parity is approx. at 1.35 to 1.40 further action can not be excluded.

WSJ: Switzerland Caps Franc, Sept. 6, 2011

Keywords: Swiss Franc, Euro, Dollar

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