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Forex Trading News: CHF Retail Sales Released

Posted by Mr. Danish FX on Mon, 08/18/2008 - 2:17am in

retail sales

The CHF Retail Sales comes out at 0.7% from the previous 7.4%. A drop to 3.2% was forecast for this release.

The CHF was losing ground to the USD and EUR going into this data. The currency was dragged down slightly after this worse than forecast data, about 5-10 PIPS vs. its counters.

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