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EUR 57 bln doesn’t buy what it used to….

EUR 57 bln doesn’t buy what it used to….

News
Jamie Coleman
08/06/2010 | 12:21 GMT

Word that the SNB spent an astonishing EUR 57 bln to weaken the franc in the month of May with NO lasting impact has seen the cross extend its losses to fresh lows at 1.3785. Heavy offers are now seen at 1.3850/60 on rebounds.

6-8 eurchf

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