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Tag Archives: U.K. Gross Domestic Product

FX Daily, September 30: SNB Intervenes to Polish Q3 Results

Swiss Franc During the day the EUR/CHF has fallen to a low of 1.0819. We know that the in-official new floor lies at that level. Moreover, the SNB had to polish the Q3 results. With interventions she lifted the EUR/CHF to 1.0893 and the euro continued rising thanks to speculators that jumped on the train.There was no economic data that could have justified the sudden increase. EUR/CHF, September 30. FX Rates True...

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FX Daily, July 27: Yen Falls on Fiscal Stimulus, while Sterling and Aussie Can’t Sustain Upticks

Swiss Franc The Euro kept on climbing, after yesterday’s rapid rise. Click to enlarge. The Swiss consumption indicator by UBS shows improvements.  The indicator is still distant from the highs in 2012. At the time stronger growth in Emerging Markets and the weaker franc helped the Swiss economy. Switzerland UBS Consumption Indicator Japan As uncertainty over Japan’s fiscal stimulus roiled the yen and domestic...

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