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SNB buys EUR/CHF with a bit more vigor

SNB buys EUR/CHF with a bit more vigor

News
Jamie Coleman
29/01/2010 | 17:26 GMT

USD/CHF is shooting higher as EUR/CHF jumps on SNB buying.

1.0604 is the high in USD/CHF. EUR/CHF jumped from 1.4635 to 1.4715!

UPDATE: Traders say they are in USD/CHF as well. They could turn around and buy EUR/USD to leg into EUR/CHF…

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