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KOF institute says SNB’s franc ceiling was ‘right, important step’

KOF institute says SNB’s franc ceiling was ‘right, important step’

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Gerry Davies
07/09/2012 | 07:14 GMT

Bloomberg headline.

EUR/CHF has been as high as 1.2130, presently at 1.2102.

Sources note infamous US investment bank, large US commercial bank and the major Swiss commercial bank all notable buyers of the cross in this latest spike higher.

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