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Tag Archive: Thomas Jordan

Swiss National Bank Still Committed to FX Intervention (July 2009)

2009-07-17

by

2009-07-17

swiss franc eur/chf
Jul. 17th 2009 Extracts from the history of the Swiss franc (July 2009). When the Swiss National Bank (SNB) intervened three weeks ago in forex markets, the Swiss Franc instantly declined 2% against the Euro. Since then, the Franc has risen slowly, and it’s now in danger of touching the “line in the sand” of …

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