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Technical Analysis USDCHF : 2016-03-29

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 29, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Switzerland earned 1.2bn Swiss francs on negative interest rates Swiss National Bank (SNB) set negative deposit rates at -0.75% early in 2015 and generated 1.2bn Swiss francs on that. Thus, the Swiss banks depositors lost this amount of money. On the last meeting the Swiss National Bank left the rates unchanged and cut the forecast of Swiss economic expansion for this year from 1.5% expected in December to 1-1.5%. Will the Swiss franc continue weakening? It looks as the upside movement on the

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