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CHF Strenghten Despite SNB's Comments

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 1, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Clearly the macro risks for continued CHF strength against the EUR are building. Expectations for the ECB to push rates into more negative territory (which limits the effectiveness of the SNB’s own negative rates strategy), combined with global risk aversion (including Brexit) have sent traders back into the traditional safe-haven[​IMG]

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