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Increase in sight deposits points toward SNB intervention

Discussion in 'Fundamental Analysis' started by ForexLive, Dec 21, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Latest data released earlier suggests the SNB have been in to weaken the swiss franc Domestic sight deposits rose to CHF 406.14bln in w-e 18 Dec vs CHF 401.4bln prev, indicating that banks are preferring to find a safe haven for their funds

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