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CHF strengthen amid inflation report

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Forex News and Events EUR/CHF rose amid strong inflation report (by Arnaud Masset) The Swiss CPI was released earlier this morning and came in well above market expectations, printing at a solid +0.2%m/m in February versus -0.1% expected and -0.4% in the previous month. This pick-up in inflation is mostly due to a 2%m/m surge in clothing & footwear prices, which coincides with the end of the winter sales. Besides this upside surprise, the other subgroups showed no sign of significant

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