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EURCHF Jumps On SNB Threats
30Gapping higher in the European session, the EURCHF currency pair jumped on surprising comments made by Switzerland’s central bank. Threatened by the Swiss franc’s recent appreciation, Swiss National Bank President
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GBP, CHF Lower Ahead of Key Data Releases
30Although much isn’t expected in the next two days – ahead of the EU summit – FX traders will be keeping their eyes on two major economic releases before the
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Better Than Expected GDP Boosts AUDUSD
30On September 7th, the Australian Bureau of Statistics revealed that gross domestic product in the Australian economy had improved for the second quarter. Although the report findings will support higher
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EURCHF, USDCHF Skyrocket On SNB Move
30Implementing a bold move, the Swiss National Bank announced plans to impose a currency ceiling on the Swiss franc on September 6th. This is the first time in more than
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US Treasuries Hit Record Low, EURUSD Plunges
30Not to the surprise of many, benchmark 10-year treasury yields fell to a record low – despite the US labor day holiday. With many in the market speculating over the
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USDCHF Plunges On Worse Than Expected NFP
30Swiss franc gains made headlines on the session following a majorly disappointing August non-farm payrolls report. According to the US Labor Department, payroll employment in the world’s largest economy was
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Swiss National Bank Fails Again, USDCHF Drops
30Once again Swiss officials failed to dissuade the market, allowing for a massive gain in the Swiss franc on August 31st. Against both the euro and US dollar, the Swiss currency
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3 Reasons Why Gold Is Higher
30Gold is continuing its massive run higher today – setting another record at $1,829.70 a troy ounce. This now makes the investment return on the precious metal a healthy 26%
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Euro Preview: It’s All About Inflation
30Consumer prices will be the hot topic during the European session today. Not only will the market get an update on UK prices, but the Bank of England is tentatively
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Why There Won’t Be A Swiss Franc Peg
30Given today’s surprise tidbit regarding the Swiss franc, the market is in a tizzy over a potential for a franc/euro peg. Speculation arose after the Swiss National Bank Vice President
