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SNB Roth says renewed weakness in Swiss Franc not justified by fundamentals

Posted by Greg Michalowski on Wed, 10/17/2007 - 11:03am

This is probably more a reaction to the level of the EURCHF which trades near the highs at 1.6788 level (high is 1.6827). There has been no change in the value since the comment. Markets are very reluctant to trade and get hurt at the moment.

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