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Swiss Lower house rejects a motion to tighten supervision of decisions by the SNB

Swiss Lower house rejects a motion to tighten supervision of decisions by the SNB

Central Banks
Pete Jackson
14/03/2012 | 09:56 GMT

Mainly it’s currency purchases.

The motion was declined by 129-52

Meanwhile back at the ranch… EUR/CHF is up through 1.2100, helped along by a stronger USD/CHF.

Being told there are sizeable offers up at 0.9280/00, but probable stops on abreak of 0.9300 ahead of better offers at 0.9345/50

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