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European Market Update: European Inflation Data Remains Soft, SNB Keeps Policy Steady But...

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Dec 10, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Dealers had been focusing on potential collateral damage with other European central banks after ECB cut its Deposit Rate by another 10bps to -0.30% back on Dec 3rd. Majority believe that since ECB Deposit cut was deemed 'modest', the SNB would unlikely follow suit. The CHF currency was slightly weaker[​IMG]

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